Tech Mahindra Q3 profit rises over 3% to Rs 510 crore

Tech Mahindra’s operating profit, also known as EBIT, zoomed 54 per cent to Rs 703 crore, from Rs 457 crore in previous quarter. Its margin soared 190 basis points (bps) to 6.1 per cent.

Source: Pexels

The IT company axed 4,354 employees, taking the total headcount to 146,250 during the quarter.

Source: Pexels