(Reuters) - Software services exporter Tech Mahindra Ltd posted a better-than-expected 27.3 percent rise in second-quarter net profit on Tuesday, as it clocked more deals in the July-September period.
Net profit was 10.64 billion rupees ($144.51 million) in the three months ended Sept. 30, compared with 8.36 billion rupees a year earlier, the Pune-based company said.
Twenty-four analysts on average had expected a quarterly profit of 10.04 billion rupees, according to Refinitiv data.
Revenue from operations increased 13.5 percent to 86.30 billion rupees.
($1 = 73.6300 Indian rupees)
Reporting by Krishna V Kurup in Bengaluru; Editing by Subhranshu Sahu