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Information technology services firm Tech Mahindra on Tuesday said its consolidated net profit has nearly doubled to ₹897 crore in the fourth quarter of financial year 2015-16 against ₹472 crore in the same quarter a year ago.
Its revenue grew 12.5 per cent to ₹6,883.73 crore in the reported quarter from ₹6,116.79 crore in the January-March quarter of 2015. CP Gurnani, MD and CEO of Tech Mahindra, said the company is putting a greater focus in areas of digital and automation.
“We enter the new financial year on a backdrop of improved business fundamentals," he added.
The company proposed an additional special dividend of ₹6 a share, resulting in a total dividend of ₹12 a share at a face value of ₹5.
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