Tech Mahindra Q2 profit jumps 33%
Tech Mahindra reported a 32.7% year-on-year increase in Q2 net profit, reaching ₹1,586 crore, primarily due to strong performance in manufacturing and communications. Revenue also rose by 15.6% to ₹16,180 crore. The company’s business model proved resilient against H-1B visa tightening, focusing on local hiring in the US.