Tech Mahindra Q2 Net Profit Up 153% YoY to Rs 1,250 cr

Tech Mahindra's net profit increased 46.8% to ₹1,250 crore in the fiscal second quarter, driven by improved margins and a one-time land sale gain. Revenue rose 2.4% sequentially to ₹13,313 crore. The company's total contract value surged to $603 million, and it hired 6,653 employees, with a focus on operational excellence through Project Fortius.