PHOTO
A broker monitors share prices while trading at a brokerage firm in Mumbai May 13, 2014. Danish Siddiqui, Reuters. Image for illustrative purpose.
India's Tech Mahindra reported a fall in third-quarter profit on Monday, hurt by a moderation in demand and subdued performance at its communications division.
The company's consolidated net profit fell 5.3% to 12.97 billion rupees ($159.15 million) for the quarter-ending Dec. 31, from 13.69 billion rupees a year earlier. ($1 = 81.4950 Indian rupees) (Reporting by Nallur Sethuraman in Bengaluru; Editing by Rashmi Aich)