Tech Mahindra Ltd., a specialist in digital transformation, consulting and business re-engineering services today announced the audited consolidated financial results for its quarter ended September 30th, 2023.
Financial highlights for the quarter (USD) | |
- Revenue at USD 1,555 mn; down 2.8% QoQ, down 5.1% YoY
- Revenue declined by 2.4% QoQ in constant currency terms
- EBITDA at USD 129 mn; down 20.5% QoQ, down 47.3% YoY; Margin at 8.3%, down 180 bps QoQ
- Profit after tax (PAT) at USD 59 mn; down 29.3% QoQ, down 62.5% YoY
- Free cash flow at $ 213 mn
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Financial highlights for the quarter (₹) | |
- Revenue at ₹ 12,864 crores; down 2.2% QoQ, down 2.0% YoY
- EBITDA at ₹ 1,072 crores; down 19.9% QoQ, down 46.0% YoY
- Consolidated PAT at ₹ 494 crores; down 28.7% QoQ, down 61.6% YoY
- Earnings per share (EPS) at ₹ 5.6
- The Board approved interim dividend of Rs. 12 per share
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Other Highlights | |
- Total headcount at 150,604 up 2,307 QoQ
- Cash and Cash Equivalent at INR 6,515 cr as of September 30, 2023
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