Tech Mahindra Profit After Tax at Rs 254.36 Crore

Tech Mahindra Ltd has announced the Audited results for the quarter ended June 30, 2008.The Company has posted a profit after tax of Rs 2543.60 million for the quarter ended June 30, 2008 as compared to Rs 1719.00 million for the quarter ended June 30, 2007. Total Income has increased from Rs 8525.80 million for the quarter ended June 30, 2007 to Rs 11257.30 million for the quarter ended June 30, 2008.The consolidated results for the Quarter ended June 30, 2008: The Group has posted a profit after tax, minority interest & prior period income of Rs 2585.40 million for the quarter ended June 30, 2008 as compared to Rs 1702.60 million for the quarter ended June 30, 2007. Total Income has increased from Rs 8893.90 million for the quarter ended June 30, 2007 to Rs 11424.70 million for the quarter ended June 30, 2008.The stock closed the day at Rs.679.10, up by Rs.12 or 1.80%. The stock hit an intraday high of Rs.382 and low of Rs.657.The total traded quantity was 38800 compared to 2 week average of 33725.