Tech Mahindra Q2 Results: PAT zooms 153% YoY to Rs 1250 cr
Tech Mahindra Q2 Results: Net profit zooms 153% to ₹1,250 crore, revenue up 3.5% YoY; dividend declared
IT services firm Tech Mahindra on Saturday reported a more than two-fold jump in its consolidated net profit to ₹ 1,250 crore for the July-September quarter, driven by special income from the sale of assets. The Mahindra Group company posted a net profit of ₹ 493.9 crore in the year-ago period, according to an exchange filing.
Tech Mahindra Q2 Net Profit Up 153% YoY to Rs 1,250 cr
Tech Mahindra's net profit increased 46.8% to ₹1,250 crore in the fiscal second quarter, driven by improved margins and a one-time land sale gain. Revenue rose 2.4% sequentially to ₹13,313 crore. The company's total contract value surged to $603 million,
Tech Mahindra Q2 net profit up 153% boosted by other income
IT services firm Tech Mahindra on Saturday reported a more than two-fold jump in its consolidated net profit to Rs 1,250 crore for the July-September quarter, driven by special income from the sale of assets. The Mahindra Group company posted a net profit of Rs 493.9 crore in the year-ago period, according to an exchange filing.
Tech Mahindra Surpasses Q2 Revenue Expectations Despite Weakness in Telecom Sector
Tech Mahindra Exceeds Q2 Revenue Forecast Amid Telecom Challenges Indian IT giant Tech Mahindra reported stronger-than-expected revenue growth for the second quarter of FY24, supported by gains in the European
Tech Mahindra reports highest recruitment in five quarters in Q2FY25
Tech Mahindra reported a significant increase in hiring, onboarding 6,653 new employees in Q2 FY25, bringing its total headcount to 154,273. Despite a slight rise in attrition rates to 10.6%, the company's growth reflects its commitment to enhancing its workforce amidst a competitive IT landscape.
Tech Mahindra Q2 Results: Blockbuster Earning, Consolidated PAT Skyrockets 153% YoY To Rs 1,250 Crore; Details
In the dollar terms, revenue came in at $ 1,589 million, registering growth of 2.2% YoY and 1.9% QoQ. Revenue grew by 0.7% QoQ, up by 1.2% YoY in constant currency terms.
Tech Mahindra Q2 net profit surges 153% to ₹1,250 crore
Tech Mahindra reports 153% growth in net profit, 3.5% revenue increase, and strategic improvement efforts in Q2 2024.
Tech Mahindra Q2 Profit Surges Over 2x To ₹1,250 Crore On Asset Sale; Revenue Up 3.5%
IT services firm Tech Mahindra on Saturday reported a more than two-fold jump in its consolidated net profit to Rs 1,250 crore for the July-September quarter, driven by special income from the sale of assets.
Tech Mahindra Q2 Results: Profit zooms 153% YoY to Rs 1,250 crore, revenue up 3.5%
Tech Mahindra reported a 153.1% YoY surge in Q2 net profit to Rs 1,250 crore, with revenue increasing 3.5% YoY to Rs 13,313 crore. The Mahindra Group firm declared an interim dividend of Rs 15 per share.
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Tech Mahindra profit jumps over 2-times to Rs 1,250 cr in Jul-Sep quarter
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Tech Mahindra Q2 net profit rises 153% YoY to ₹1,250 crore
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Tech Mahindra delivers strong Q2 with deal wins accelerating
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