Tech Mahindra Q4FY25 Outcomes: IT providers and consulting agency Tech Mahindra for the March quarter reported a 18.7 per cent progress in web revenue quarter-on-quarter (QoQ) to Rs 1,167 crore. On a year-on-year (YoY) foundation, the revenue grew 76.5 per cent. The steep rise in web revenue is on the again of a pointy enhance in different revenue throughout the March quarter.
Zee Enterprise analysis anticipated web revenue to return in larger by 10 per cent sequentially at Rs 1,083 crore versus Rs 989 crore within the quarter ending December 31, 2024.
Tech Mahindra’s topline efficiency
Throughout the evaluation quarter, the corporate’s income grew 0.7 per cent sequentially to Rs 13,384 crore, whereas it grew 4 per cent year-on-year.
In fixed foreign money (CC) phrases, Tech Mahindra’s income throughout the March quarter fell 1.5 per cent sequentially. Zee Enterprise analysis anticipated income in CC phrases to say no 0.6 per cent sequentially.
Income in greenback phrases throughout the March quarter got here in at $1,549 million, down 1.2 per cent sequentially.
Operational present
Earnings earlier than curiosity and taxes (EBIT) throughout the March quarter grew 4.1 per cent sequentially to Rs 1,405 crore. That is higher than Zee Enterprise estimates of a 2.3 per cent rise in EBIT to Rs 1,382 crore.
Attrition
Whole headcount on the IT providers main declined by 1,757 sequentially, nonetheless, it rose by 3,276 year-on-year. Moreover, LTM attrition is reported at 11.8 per cent, whereas the identical was 11 per cent within the December qusrter.
Tech Mahindra’s dividend announcement
The corporate for the FY ending March 31, 2025 announced a final dividend of Rs 30 per share. Advisable Final Dividend of Rs. 30/- per fairness share of the face worth of Rs. 5/- every (600%) for the monetary 12 months ended thirty first March, 2025, topic to the Members’ approval on the forthcoming Annual Basic Assembly (“AGM”) of the Firm, stated the corporate’s submitting with the exchanges.
Tech Mahindra’s share worth
Forward of the outcomes right now, shares of the corporate settled larger by 0.5 per cent at Rs 1,446.1 per share on the BSE.
(Extra to return)
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