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Tech Mahindra Q4 profit drops 26% as clients cut spending

Consolidated net profit for the information technology services firm fell 25.8 per cent to Rs 1118 crore for the quarter ended March 31
Last Updated : 27 April 2023, 12:23 IST
Last Updated : 27 April 2023, 12:23 IST

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Tech Mahindra reported a drop in fourth-quarter profit on Thursday as challenging macro-economic conditions prompted clients to tighten spending.

Consolidated net profit for the information technology services firm fell 25.8 per cent to Rs 1118 crore for the quarter ended March 31, from Rs 1506 crore a year earlier.

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Published 27 April 2023, 12:23 IST

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