IT services firm Tech Mahindra on Thursday reported 29 per cent dip in March quarter consolidated net profit at Rs 803.9 crore owing to narrowing of margins due to factors including a surge in COVID-19 related costs. For the 2019-20 financial year, the Mahindra group company reported 6.15 per cent decline in net profit at Rs 4,033 crore. In December quarter, the profit stood at Rs 1,145.9 crore.
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