Tata Motors Q2 FY2025: Net Profit Down by 11%, Revenue Falls by 3.5%
Tech Mahindra Q2 Results FY2024, Net profit at Rs.494 crores
Last Updated: 25th October 2023 - 05:52 pm
On 25th October 2023, Tech Mahindra announced its quarterly results.
Key Highlights:
- In USD, Revenue stood at $1555 million, a drop of 5.1% YoY. In INR, Revenue stood at Rs.12,864 crores, down by 2% YoY
- EBITDA was reported at Rs.1072 crores
- In INR, Net profit was at Rs.494 crores, down by 61.6% YoY
- Total Contract Value (TCV) was reported at $640 million
- Total headcount at 150,604, up by 2,307 QoQ
Business Highlights:
- Industry segment growth was led by Communications, Media & Entertainment (CME) vertical which grew 37%, Manufacturing was at 17.8%, Technology was at 11%, BFSI at 16.1%, Retail, Transport & Logistics at 8.2%, Others at 10% .
- Among major markets, America grew 53.3% and Europe grew 23.6% Rest of the World grew 23.2%
The Board approved an interim dividend of Rs. 12 per share.
Trending on 5paisa
05
5paisa Research Team
06
5paisa Research Team
Discover more of what matters to you.
Corporate Actions Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.