Tech Mahindra Ltd.
BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1705.35
62.05 (3.78%) Tech Mahindra - Quaterly Results
Date: 24-01-2024
The revenue for the December 2023 quarter is pegged at Rs. 105514.00 millions against Rs. 109876.00 millions recorded during the year-ago period.The Net Profit of the company slipped to Rs. 4859.00 millions from Rs. 12044.00 millions, a decline of -59.66% on QoQ basis.A decline of 8167.00 millions was observed in the OP in the quarter ended December 2023 from 17635.00 millions on QoQ basis.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202312 | 202212 | % Var | 202312 | 202212 | % Var | 202303 | 202203 | % Var | |
| Sales | 105514.00 | 109876.00 | -3.97 | 316883.00 | 317188.00 | -0.10 | 426573.00 | 357611.00 | 19.28 |
| Other Income | 2652.00 | 3686.00 | -28.05 | 9798.00 | 10487.00 | -6.57 | 11283.00 | 14468.00 | -22.01 |
| PBIDT | 8167.00 | 17635.00 | -53.69 | 26551.00 | 47746.00 | -44.39 | 58978.00 | 72383.00 | -18.52 |
| Interest | 753.00 | 585.00 | 28.72 | 1873.00 | 1240.00 | 51.05 | 1808.00 | 689.00 | 162.41 |
| PBDT | 7414.00 | 17050.00 | -56.52 | 24678.00 | 46506.00 | -46.94 | 57170.00 | 71694.00 | -20.26 |
| Depreciation | 1996.00 | 1952.00 | 2.25 | 6105.00 | 6107.00 | -0.03 | 8129.00 | 7403.00 | 9.81 |
| PBT | 5418.00 | 15098.00 | -64.11 | 18573.00 | 40399.00 | -54.03 | 49041.00 | 64291.00 | -23.72 |
| TAX | 559.00 | 3054.00 | -81.70 | 2561.00 | 9392.00 | -72.73 | 11266.00 | 14058.00 | -19.86 |
| Deferred Tax | -926.00 | -223.00 | 315.25 | -2290.00 | -592.00 | 286.82 | -761.00 | 1246.00 | -161.08 |
| PAT | 4859.00 | 12044.00 | -59.66 | 16012.00 | 31007.00 | -48.36 | 37775.00 | 50233.00 | -24.80 |
| Equity | 4881.00 | 4869.00 | 0.25 | 4881.00 | 4869.00 | 0.25 | 4871.00 | 4859.00 | 0.25 |
| PBIDTM(%) | 7.74 | 16.05 | -51.77 | 8.38 | 15.05 | -44.34 | 13.83 | 20.24 | -31.69 |