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TechM profit jumps 19% to ₹1,167 cr
Financial Express Hyderabad
|April 25, 2025
TECH MAHINDRA POSTED an 18.7% sequential increase in net profit for the fiscal fourth quarter at ₹1,167 crore, the Mumbai-based tech major announced on Thursday.
TECH MAHINDRA POSTED an 18.7% sequential increase in net profit for the fiscal fourth quarter at ₹1,167 crore, the Mumbai-based tech major announced on Thursday. The net profit came in ahead of Bloomberg estimates of ₹1,081 crore.
Revenue for the quarter under consideration was up 0.7% at ₹13,384 crore, on-quarter trailing Bloomberg estimates of ₹13,459 crore. The firm also trailed street estimates on earnings before interest, taxation, depreciation and amortisation (EBITDA) of ₹1,874 crore at ₹1,867 crore. EBITDA was up 3.2% quarter on quarter.
Dit verhaal komt uit de April 25, 2025-editie van Financial Express Hyderabad.
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