Tech Mahindra Limited (TECHM) — Corporate Action | 24 April 2025(2 announcements)

Tech Mahindra reported FY25 consolidated revenue of ₹538,437 million and profit after tax of ₹42,530 million, reflecting robust growth and improved margins. The company recommended a final dividend of ₹30 per share (total FY dividend ₹45), approved a merger of three subsidiaries effective April 1, 2025, and appointed Makarand M. Joshi & Co. as secretarial auditors for five years pending shareholder approval at the July 17 AGM. Cash flow remained strong with ₹57,857 million generated from operations, though net cash declined by ₹367 million due to financing outflows. The auditor issued an unmodified opinion, noting no material uncertainty despite claims tied to the Satyam merger held in a suspense account of ₹12,304 million, which management expects to be non-payable.

Tech Mahindra reported FY25 revenue of ₹538,437 million, up 9.4% YoY, with PAT surging 80.3% to ₹42,530 million and EPS at ₹47.91. The company recommended a final dividend of ₹30 per share (total FY dividend ₹45), approved a merger absorbing three subsidiaries effective April 1, 2025, and appointed Makarand M. Joshi & Co. as secretarial auditors pending shareholder approval at the July 17 AGM. Cash flow showed strong operating generation of ₹57,857 million, though financing outflows reached ₹57,992 million, leading to a net cash decline of ₹367 million. The auditor issued an unmodified opinion, citing no material uncertainty despite a ₹12,304 million suspense account related to Satyam-linked claims. Strategic wins in AI and cloud, including partnerships with Google Cloud and Qualcomm, underpin growth amid stable client concentration (top 5 at 16% of revenue).