Anand Mahindra holds first virtual shareholders' meet; shares his 'most difficult' moment

Business Tycoon Anand Mahindra posted an im from Tech Mahindra Ltd's Annual General Meeting on Tuesday sharing his 'most difficult' moment from meeting which was wearing a suit again after months. Mahindra Group Chairman ded that this time, however, he dressed up fully, with trousers inste of lungis under his jacket. 

Anand Mahindra's lungi reference came from one of his tweets earlier this year where he h joked about how pandemic and lockdown h me work from home new rm, best part of which was t having to dress up formally. He h also shared his personal anecdote of how he would often pair up his formal shirts with lungis underneath since only his top half would be visible during video call meetings. 

Tech Mahindra Ltd held its Annual Shareholder's Meeting on July 28. This was first time meeting was held virtually, keeping in mind pandemic situation. 

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Tech Mahindra showcases strong Q1 results

Tech Mahindra which is Mahindra's information techlogy services provider reported a consolidated net profit of ₹972 crore for first quarter of fiscal year 2021. Even amid Coronavirus pandemic, its June quarter results were above expectations recording a 20.9% increase in its net profit with only a 4% fall in revenue at Rs 9,106 crore. profit before tax in Q1 is reported to be up by 32.89% from last years' Q4 quarter at Rs 1283.20 crore. On or hand, manufacturing figures were down owing to Coronavirus pandemic, and subsequent lockdown marking an 11% decline.

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