01-01-1970 12:00 AM | Source: Reuters
India`s Tech Mahindra Q1 profit falls 39% as clients cut spending
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India's Tech Mahindra on Wednesday reported a fall in first-quarter profit, as challenging macroeconomic conditions prompted clients to curb discretionary spending.

The company's consolidated net profit fell 38.8% to 6.93 billion rupees ($84.5 million) for the quarter ended June 30.