Tech Mahindra Q3 profit rises 7.4 %

Tech Mahindra, India's fifth largest software services company, posted a better-than-expected 7.4 percent rise in quarterly net profit.

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The company's net profit rose to 2.76 billion rupees for the three months ended December 31 from 2.57 billion rupees in the year earlier period.

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Analysts, on average, has expected a net profit of 2 billion rupees, according to Thomson Reuters I/B/E/S.

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