sector: Technology ·
industry: IT Services & Consulting ·
As of
3:53pm IST
971.30INR
Tech Mahindra Limited is an India-based company that provides information technology (IT) services and solutions to the global telecommunications industry. The Company's solutions portfolio includes consulting, application development and management, network services, solution integration, product engineering, managed services, remote infrastructure management and business process outsourcing (BPO). The Company's capabilities span across business support systems (BSS), operations support systems (OSS), network design and engineering, next generation networks, mobility, security consulting, testing and other areas. During the fiscal year ended march 31, 2009, the Company acquired Venturbay Consultants Private Limited (VCPL). VCPL became wholly owned subsidiary of the Company as on March 19, 2009. As of July 6, 2009, Tech Mahindra Limited had acquired approximately 31.04% of Mahindra Satyam’s (new brand identity of Satyam Computer Services Limited) outstanding shares of common stock.
BRIEF: For the six months ended 30 september 2009, Tech Mahindra Limited's revenue decreased 1% to RS22.56B. Net income decreased 49% to RS3B. Revenues reflects an decrease in income from Telecom service provider. Net income also reflects an increase in personnel cost, increase in interest expenses and a decrease in gross margin. The company's service offerings include business process outsourcing and infrastructure management services.
Tech Mahindra Limited
Sharda Centre
Off Karve Road
Erandwane
Pune 411 004
P: +9120.56018100
F: +9120.56018313