Tech Mahindra posted 4.7% sequential growth in net profit for the second quarter of the fiscal at ₹1,195 crore (Q1: ₹1,141 crore), the Mumbai-based technology major announced on Wednesday. The figure fell short of Bloomberg estimates of ₹1,285 crore.

Revenue for the quarter rose 4.8% sequentially to ₹13,995 crore (Q1: ₹13,351 crore), beating Bloomberg’s projection of ₹13,778 crore.

The company also outperformed street estimates on Ebitda, reporting ₹2,168 crore against expectations of ₹2,084 crore, up 12% quarter on quarter. Ebitda margin expanded to 15.5% compared to 14.5% in the previous quarter, while net profit margin remained flat at 8.5%.

“We delivered broad-based growth this quarter, reflecting the strength of our strategy and execution. We launched TechM Orion, our next-generat

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