Mumbai, April, 2025.
Tech Mahindra(NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for its quarter and year ended March 31, 2025.
| Financial highlights for the quarter (USD) | |
| · Revenue at USD 1,549mn; down1.2% QoQ, flat YoY
o Revenue declined by 1.5% QoQ, growth by 0.3% YoY in constant currency terms · EBIT at USD 163mn; up 2.8% QoQ, up43.6% YoY · EBIT Margin 10.5%; up 40 bps QoQ, up 320 bps YoY · Profit after tax (PAT) at USD 136mn; up 17.3% QoQ, up70.8% YoY · PAT Margin 8.7%; up 130 bps QoQ, up 350 bps YoY · Free cash flow at USD 150mn · New deal wins TCV USD 798mn |
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| Financial highlights for the quarter (₹) | |
| · Revenue at ₹ 13,384crores; up0.7% QoQ, up4.0% YoY
· EBIT at ₹ 1,405crores; up 4.1% QoQ, up48.5% YoY · Consolidated PAT at ₹ 1,167crores; up 18.7% QoQ, up76.5% YoY · Diluted Earnings per share (EPS) at ₹ 13.15 |
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| Financial highlights for the year (USD) | |
| · Revenue at USD 6,264 mn; down 0.2% YoY
o Revenue grew by 0.3% YoY in constant currency terms · EBIT at USD 607mn; up60.0% YoY · EBIT Margin 9.7%; up 360 bps YoY · Profit after tax (PAT) at USD 502mn; up76.7% YoY · PAT Margin 8.0%; up 350 bps YoY · Free cash flow at USD 613mn · New deal wins TCV USD 2.7bn |
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| Financial highlights for the year (₹) | |
| · Revenue at ₹ 52,988crores; up1.9% YoY
· EBIT at ₹ 5,138 crores;up63.3% YoY · Consolidated PAT at ₹ 4,252crores;up80.3% YoY · Diluted Earnings per share (EPS) at ₹ 47.91 |
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| Other Highlights | |
| · Total headcount at 148,731; down 1,757 QoQ, up 3,276 YoY
· LTM IT attrition at 11.8% · Days of Sales Outstanding 88 days; same as Q3, down 4 days YoY · Cash and Cash Equivalent at the end of the quarter ₹ 7,656 crores · Final Dividend recommended @ Rs. 30 per share; Total Dividend for the year @ Rs. 45 per share
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Mohit Joshi, CEO and Managing Director, Tech Mahindra,said,
“This year, we laid a strong foundation for our transformation journey. Through strategic investments in our people, leadership, and capabilities, we have positioned ourselves to accelerate our strategic roadmap. Our deal wins at $2.7 billion, reflect a 42% year-on-year increase and are a clear validation of the depth of our client partnerships.”
Rohit Anand, Chief Financial Officer, Tech Mahindra, said,
“This year, we delivered operational excellence by achieving a 60% increase in operating profit through strong execution, operational leverage, and cost management. We raised our dividend per share by 12.5% and returned 85% of our free cash flow to shareholders, reflecting our commitment to capital allocation policy.”
