Tech Mahindra Q4FY25 Results: IT services and consulting firm Tech Mahindra for the March quarter reported a 18.7 per cent growth in net profit quarter-on-quarter (QoQ) to Rs 1,167 crore. On a year-on-year (YoY) basis, the profit grew 76.5 per cent.
Zee Business research anticipated net profit to come in higher by 10 per cent sequentially at Rs 1,083 crore versus Rs 989 crore in the quarter ending December 31, 2024.
Tech Mahindra topline performance
During the review quarter, the company’s revenue grew 0.7 per cent sequentially to Rs 13,384 crore, while it grew 4 per cent year-on-year.
Tech Mahindra dividend announcement
The company for the FY ending March 31, 2025 announced a final dividend of Rs 30 per share. Recommended Final Dividend of Rs. 30/- per equity share of the face value of Rs. 5/- each (600%) for the financial year ended 31st March, 2025, subject to the Members’ approval at the forthcoming Annual General Meeting (“AGM”) of the Company, said the company’s filing with the exchanges.
(More to come)
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