Tech Mahindra Q4 profit drops 26% as clients cut spendingConsolidated net profit for the information technology services firm fell 25.8 per cent to Rs 1118 crore for the quarter ended March 31
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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.