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TechMahindra reports 92.6% YoY growth in PAT to Rs. 983 crores

20Jan

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Business News, Feature

TechMahindra reports 92.6% YoY growth in PAT to Rs. 983 crores

Chennai – January 20, 2025. 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 December 31, 2024. Financial highlights for the quarter (USD)Revenue USD 1,567mn; down1.3% QoQ, down0.4% YoYRevenue grew by 1.2% QoQand by 1.3% YoY in constant currency termsEBITDA USD 213mn; up 2.0% QoQ,up 54.7% YoYEBITDA Margin 13.6%, up 40bps QoQ, up480bps YoYProfit after tax (PAT) USD 116mn; Operational PAT* up9.9% QoQ;up 88.5% YoYPAT Margin 7.4%, Operational PAT* Margin up 80 bps QoQ, up 350 bps YoYFree cash flow USD 199mnNew deal winsTCV USD 745 mn Financial highlights for the quarter (₹)Revenue ₹ 13,286crores; down0.2% QoQ, up1.4% YoY...

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 ₹...

TechMahindra reports 29% increase in PAT, Board recommends dividend of Rs 28 per share

New Delhi – April 26th, 2024. Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industriesannounced the audited consolidated financial results for its quarter and yearended March 31st, 2024. Financial highlights for the quarter (USD)Revenue at USD 1,548mn; down1.6% QoQ, down 7.2% YoYRevenue declined by 0.8% QoQ, by 6.4% YoY in constant currency termsEBITDA at USD 169mn; up 22.9% QoQ, down 31.1% YoY; Margin at 10.9%, up 220bps QoQProfit after tax (PAT) at USD 79mn; up 29.5% QoQ, down 41.5% YoYFree cash flow at USD 129mnFinancial highlights for the quarter (₹)Revenue at ₹12,871crores; down1.8% QoQ, down 6.2% YoYEBITDA at ₹ 1,408crores; up 22.8% QoQ, down 30.3% YoYConsolidated PAT at ₹ 661crores; up 29.5% QoQ, down...