Tech Mahindra Limited (TECHM) — Financial Results | 17 January 2025(4 announcements)

Tech Mahindra reported consolidated revenue of ₹133,021 crores for Q3 2024, up 69.9% YoY, with profit after tax at ₹9,888 million and EPS of ₹11.10. The results reflect strong margin expansion and operational resilience amid market challenges.

Tech Mahindra reported consolidated revenue of ₹133,021 crores for Q3 2024, up 69.9% YoY, with profit after tax at ₹9,888 million and EPS of ₹11.10. The results reflect strong margin expansion and operational resilience amid integration challenges.

Tech Mahindra reported consolidated revenue of ₹15,000 crores for Q3 FY25, reflecting a 69.9% YoY growth, driven by strong performance in its key segments. The company highlighted robust order book expansion and margin improvement, with management expressing confidence in sustaining momentum through FY25. Forward-looking statements indicate continued investment in digital transformation and operational efficiency initiatives.

Tech Mahindra reported consolidated revenue of ₹1,567 crores for Q3 FY25, reflecting a 0.4% QoQ increase and a 0.4% YoY rise in constant currency, driven by a 480 basis point EBIT margin expansion to 10.2% and a 350 basis point PAT margin improvement to 7.4%. The company highlighted strong deal wins in key verticals, including a $745 million contract with a German telecom operator and new AI-focused partnerships with AWS and NVIDIA, while maintaining robust free cash flow of $199 million. Management reaffirmed its focus on margin growth and strategic AI investments to sustain long-term momentum.