नतीजों के बाद 2% से ज्यादा टूटा टेक-महिंद्रा का शेयर: यह ₹1,496 पर कारोबार कर रहा, पहली तिमाही में कंपनी को ₹851 करोड़ का मुनाफा

Tech Mahindra shares fell 2.20% to Rs 1,496.40 on Friday after the results of the first quarter of the financial year 2024-25. The bank made a net profit of Rs 851 crore in the April-June quarter. It has increased by 23% on an annual basis.

However, during this period, the company’s operational revenue (earnings from operations) and total income declined. The effect of which is being seen in the form of a decline in its shares today. Tech Mahindra had released the earnings figures for April-June yesterday i.e. Wednesday (24 July).

Tech Mahindra stock rose 14.26% in 6 months
Tech Mahindra shares have given a return of 31.30% in the last one year. It has risen by 14.20% in the last 6 months and 15.72% this year i.e. from January 1 till now. The market cap of the company is Rs 1.47 lakh crore.

Tech Mahindra shares opened at Rs 1490 today (Friday, July 26) at 9:31 am with a decline of 2.56%.

Income fell 1.50% to ₹ 13,150 crore
The company’s total income in the first quarter declined by 1.50% on a year-on-year (YoY) basis to Rs 13,150 crore, from Rs 13,350 crore in the same quarter last year. On a quarterly basis, the company’s total income declined by 0.70%.