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India's Tech Mahindra shares slide on biggest profit drop in 16 yearsThe company reported a 61.6 per cent fall in its consolidated net profit for the September quarter, its worst performance since March 2007.
Reuters
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<div class="paragraphs"><p>The Tech Mahindra logo.</p></div>

The Tech Mahindra logo.

Credit: X/@tech_mahindra

Bengaluru: Shares of Indian IT services company Tech Mahindra fell as much as 3.7 per cent in early trade on Thursday, a day after the company posted its biggest profit drop in 16 years.

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The company reported a 61.6 per cent fall in its consolidated net profit for the September quarter, its worst performance since March 2007.

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(Published 26 October 2023, 14:35 IST)