Tech Mahindra Q2 Profit Surges 23.3%

India's Tech Mahindra Ltd reported a 23.3% increase in its Q2 profit. Tech Mahindra's quarterly profit surged to 2.96 billion rupees ($54.2 million), versus 2.4 billion rupees, in the year-ago quarter. However, analysts were expecting a profit of 2.48 billion rupees.