Tech Mahindra Q3 Results: Cons PAT slumps 61% YoY to Rs 510 crore; revenue drops 5%

MUMBAI – Tech Mahindra reported a disappointing set of quarterly numbers on Wednesday, as the consolidated net profit plunged 61% year-on-year (YoY) to Rs 510 crore and was below an ETNow poll of Rs 590 crore.

Consolidated revenue from operations declined nearly 5% YoY to Rs 13,101 crore but was higher than the estimated Rs 12,790 crore.