Tuesday, May 20, 2008

Tech Mahindra reports net loss of Rs 207.00 crore in the March 2008 quarter

Tech Mahindra reported net loss of Rs 207.00 crore in the quarter ended March 2008 as against net loss of Rs 321.40 crore during the previous quarter ended March 2007. Sales rose 17.63% to Rs 990.70 crore in the quarter ended March 2008 as against Rs 842.20 crore during the previous quarter ended March 2007.

For the full year, net profit rose 244.96% to Rs 342.20 crore in the yearended March 2008 as against Rs 99.20 crore during the previous year ended March 2007. Sales rose 30.93% to Rs 3604.70 crore in the year ended March 2008 as against Rs 2753.20 crore during the previous year ended March 2007.

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