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TechM profit rises 76.5% to ₹1,167 crore
Business Standard
|April 25, 2025
IT services firm Tech Mahindra reported a profit of ₹1,167 crore for the fourth quarter of the financial year 2024-25.
IT services firm Tech Mahindra reported a profit of ₹1,167 crore for the fourth quarter of the financial year 2024-25. The profit rose 76.5 per cent from the corresponding quarter of the last financial year. The rise in profit was due to margin expansion and the effective tax rate coming down due to one-off benefits.
Revenue for the fourth quarter increased 4 per cent year-on-year (Y-o-Y) to ₹13,384 crore. On a sequential basis, revenue was up 0.7 per cent. In US dollar terms, revenue was flat Y-o-Y and down 1.2 per cent quarter-on-quarter (Q-o-Q).
The company logged a profit of ₹4,252 crore in FY25, up 80 per cent Y-o-Y, and revenue grew 1.9 per cent at ₹52,988 crore.
Cette histoire est tirée de l'édition April 25, 2025 de Business Standard.
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