Tech Mahindra · NSE: TECHM · BSE: 532755
Q2 FY24 results · Jul–Sep 2023
Tech Mahindra reported revenue from operations of ₹12,863.92 crore (down 2.0% from Q2 FY23) and net profit of ₹505.30 crore (down 61.1% from Q2 FY23) for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.
| Item | Q2 FY24 | Q2 FY23 | YoY | Q1 FY24 | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 12,863.92 | 13,129.45 | −2.0% | 13,158.98 | −2.2% |
| Other income | 264.20 | 290.20 | −9.0% | 191.70 | +37.8% |
| Total income | 13,128.12 | 13,419.65 | −2.2% | 13,350.68 | −1.7% |
| Profit before tax | 615.30 | 1,663.86 | −63.0% | 963.38 | −36.1% |
| Net profit for the period | 505.30 | 1,299.16 | −61.1% | 703.58 | −28.2% |
| Attributable to shareholders of the company | 493.90 | 1,285.42 | −61.6% | 692.48 | −28.7% |
| EPS, basic (₹) | 5.59 | 14.58 | −61.7% | 7.84 | −28.7% |
| Net margin (%) | 3.9 | 9.9 | 5.3 |
| Item | Q2 FY24 | Q2 FY23 | YoY | Q1 FY24 | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 10,439.70 | 10,479.80 | −0.4% | 10,697.20 | −2.4% |
| Other income | 513.60 | 771.90 | −33.5% | 201.00 | +155.5% |
| Total income | 10,953.30 | 11,251.70 | −2.7% | 10,898.20 | +0.5% |
| Profit before tax | 586.90 | 1,496.20 | −60.8% | 728.60 | −19.4% |
| Net profit for the period | 555.80 | 1,161.90 | −52.2% | 559.50 | −0.7% |
| EPS, basic (₹) | 5.68 | 11.91 | −52.3% | 5.72 | −0.7% |
| Net margin (%) | 5.3 | 11.1 | 5.2 |
Consolidated
- Filed with BSE
- 26 Oct 2023, 15:43 IST
- Board meeting
- 25 Oct 2023
- Period
- 01 Jul 2023 to 30 Sep 2023
- Review status
- Audited
- Source
- XBRL filing on BSE
Standalone
- Filed with BSE
- 26 Oct 2023, 15:43 IST
- Board meeting
- 25 Oct 2023
- Period
- 01 Jul 2023 to 30 Sep 2023
- Review status
- Audited
- Source
- XBRL filing on BSE