NEW DELHI: IT major (TechM) on Monday reported a 25.8 per cent year-on-year (YoY) jump in net profit at Rs 1,338.70 crore for the September quarter compared with Rs 1064.60 crore in the same quarter last year. On a sequential basis, profit fell 1 per cent over June quarter’s Rs 1,353.20 crore profit.
Revenue for the quarter jumped 16.1 per cent YoY (up 6.7 per cent QoQ) to Rs 10,881.30 crore compared with Rs 9,371,80 crore in the year-ago quarter.
In dollar terms, revenue came in at $1,472.6 million, up 16.4 per cent YoY or 6.4 per cent sequentially. Revenue growth in constant constant currency terms stood at 7.2 per cent, the IT firm said in a BSE filing.
The company board proposed a special dividend of Rs 15 per share.
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