Skip to content
TechVibe

TechVibe

  • Home
  • Web3
  • Technology
  • Health
  • Business
  • Sports
    • Cricket
    • Football
  • Press Release
  • Contact Us
  • Toggle search form

Rephrase the title:Tech Mahindra Q3 net falls 60% to ₹510 crore

Posted on January 24, 2024 By Haley Bennett

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:

Mumbai, Tech Mahindra on Wednesday reported a 60 per cent decline in net profit at Rs 510.4 crore in the three months ended December 2023. The Mahindra group company had reported a net profit of Rs 1,296.6 crore in the year-ago period while the same was at Rs 493.9 crore in the quarter-ago period.

Its overall revenue from operations declined 4.6 per cent to Rs 13,101 crore in the third quarter of the current financial year from Rs 13,734 crore in the same period a year ago.

There was a sharp decline in the operating profit, with the margin narrowing to 5.4 per cent from the 12 per cent in the year-ago period.

Shares of the company closed 3.09 per cent up at Rs 1,407.75 apiece on the BSE.

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

Business Tags:bse, mahindra, mumbai, q3, tech mahindra

Post navigation

Previous Post: Rephrase the title:The Apple Car is Coming in 2028, New EV Rumors Claim ‘Limited Autonomy’
Next Post: Rephrase the title:Shark Tank India S3: This Unique Pitch By Cookie Maker Made The Sharks ROFL: ‘Mera Credit Score Bahot Achha Hai’

Related Posts

Rephrase the title:City farms emit six times more greenhouse gases compared to typical agricultural fields: study Business
India squad for South Africa Tour revealed – Rohit Sharma to lead in Tests, SuryaKumar Yadav in T20s, and KL Rahul to lead in ODIs Business
Rephrase the title:Nifty, Sensex remain unenthused by Interim Budget 2024 as bonds rally Business
Plasma cutter airlifted to extract auger blades from debris after collapse of Silkyara Tunnel Business
Checking Tata Technologies IPO allotment, GMP, listing date and other details Business
Rephrase the title:Tata Motors net profit more than doubles to ₹7,100 crore in Q3 Business

Recent Posts

  • Aivora’s Voucher Alpha: The New Trading Rewards System is Here
  • Aivora Launches Unique Application Features: Voucher & VIP Zone
  • How to optimize your trading on Aivora Exchange
  • Aivora Airdrop Guide – The new generation CEX exchange with AI technology
  • Aivora Exchange Overview

Categories

  • Business
  • Cricket
  • Football
  • Health
  • Press Release
  • Technology
  • Web3

About Us

Welcome to TechVibe9, where the rhythm of technology meets innovation! We are a group of tech enthusiasts on a mission to uncover and showcase the latest in the tech world.

Mail Us : support@techvibe9.com

Latest Post

  • Aivora’s Voucher Alpha: The New Trading Rewards System is Here
  • Aivora Launches Unique Application Features: Voucher & VIP Zone
  • How to optimize your trading on Aivora Exchange

Helpful Links

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

Copyright © TechVibe9

Powered by PressBook Masonry Dark