Indian based Tech Mahindra Limited have revealed 27 per cent growth for the quarter ending June 30th, with revenue of Rs 4,103, an increase of 21.7 percent year-on-year.

The strong quarterly reports come after a recent merger between Mahindra Satyam which led to the creation of the fifth largest Indian IT outsourcing company with 84,000 employees worldwide.

Vineet Nayyar, Executive Vice Chairman, Tech Mahindra, said, “We have completed one of the largest mergers in Indian corporate space this quarter in a seamless fashion, fulfilling the commitment we made in April 2009. Our robust performance reinforces our belief in the inherent strength and cross leveraging possibilities, for the integrated entity.”

Major Indian IT outsourcers announce merger