TechMahindra reports 1.0% QoQ growth in Revenues at Rs. 13,005 crores; PAT rises 28.8% to 851 crores; EBIT margins expand 110 bps
Mumbai, July, 2024.
TechMahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for its quarterended June 30th, 2024.
Financial highlights for the quarter (USD)Revenue at USD 1,559mn; up0.7% QoQ, down 2.6% YoYRevenue grew by 0.7% QoQ, and declined by 1.2% YoY in constant currency termsEBITDA at USD 188mn; up 10.8% QoQ,15.3% YoY; Margin at 12.0%, up 110bps QoQ,190 bps YoYProfit after tax (PAT) at USD 102mn; up 28.6%QoQ, up21.3% YoYFree cash flow at USD 106mnFinancial highlights for the quarter (₹)Revenue at ₹13,005crores; up1.0% QoQ, down 1.2% YoYEBITDA at ₹ 1,564crores; up 11.1% QoQ, up16.9% YoY; Margin at 12.0%, up 110 bps QoQ,190 bps YoYConsolidated PAT at ₹...