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TechM Q1 misses Street estimates
July 17, 2025
|Financial Express Delhi
Tech Mahindra on Wednesday reported a 2.2% sequential decline in net profit for the first quarter of the fiscal at ₹1,141 crore.
TECH MAHINDRA ON Wednesday reported a 2.2% sequential decline in net profit for the first quarter of the fiscal at ₹1,141 crore. The net profit missed Bloomberg estimates of ₹1,195 crore.
Revenue for the quarter under consideration was down 0.2% to ₹13,351 crore quarter-on-quarter, missing the Bloomberg estimates of ₹13,425 crore. The firm also trailed street estimates on earnings before interest, taxation, depreciation and amortization (EBITDA) of ₹1,958 crore at ₹1,835 crore, though it was up 5.2% q-o-q.
EBITDA margin expanded to 14.5% as compared to 13.7% in the previous quarter. Net profit margin shrunk to 8.5% from 8.7% in Q4FY25.
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