X

Tech Mahindra Ltd Q4FY24; 41% fall in Profits

Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.

Financial Results:

Tech Mahindra Ltd reported Revenues for Q4FY24 of ₹12,871.00 Crores down from ₹13,718.00 Crore year on year, a fall of 6.17%.

Total Expenses for Q4FY24 of ₹12,291.00 Crores down from ₹12,498.00 Crores year on year, a fall of 1.66%.

Consolidated Net Profit of ₹664.00 Crores down 40.98% from ₹1,125.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.77, down 40.98% from ₹11.47 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post