Tech Mahindra Q4 Results Live: Profit jumps 76% YoY to Rs 1,167 crore; Rs 30 per share dividend declared

24 Apr 2025 | 06:06:02 PM IST
Tech Mahindra Q4 Results Live: IT services company Tech Mahindra posted 76% YoY growth in its consolidated net profit at Rs 1,167 crore in the fourth quarter, while revenue from operations increased 4% year-on-year (YoY) to Rs 13,384 crore. Tech Mahindra Q4 Results Live: Nuvama forecast a -0.7% QoQ decline in constant currency and a -1.5% QoQ drop in USD revenue growth.The company's Board has also recommended a final dividend of Rs 30 per share for the financial year ended March 2025. "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," said Rohit Anand, CTO, Tech Mahindra. Total headcount at the end of FY25 stood at 148,731, down 1,757 employees when compared with the preceding December quarter. LTM IT attrition came in at 11.8%. The company secured deal wins of $2.7 billion, reflecting a 42% YoY increase. "This is a clear validation of the depth of our client partnerships," Tech Mahindra said.
- Mohit Joshi, CEO and MD, Tech Mahindra In constant currency (CC) terms, revenue grew 0.3% YoY, but fell 1.5% QoQ. The dollar revenue for the company stood at $1.5 billion, which was flat YoY. On a sequential basis, profit surged 19% and revenues rose by a marginal 1%. The company's Board has also recommended a final dividend of Rs 30 per share for the financial year ended March 2025. IT services company Tech Mahindra posted 76% YoY growth in its consolidated net profit at Rs 1,167 crore in the fourth quarter, while revenue from operations increased 4% year-on-year (YoY) to Rs 13,384 crore. Tech Mahindra Results: We anticipate a -0.4% QoQ constant currency (CC) revenue decline, as benefits from seasonal strength in Comviva and the end of furloughs are likely to be countered by challenges in BPS services for a key Hitech client and the streamlining of a few low-margin Healthcare projects. Additionally, decision-making has slowed due to recent policy shifts and tariff changes in the U.S.EBIT margin is expected to remain flat quarter-on-quarter, with the impact of wage hikes being balanced out by cost efficiencies from Project Fortius. Net Profit Growth: 93% YoY increase in consolidated net profit, reaching Rs 983 crore, compared to Rs 510 crore in the same quarter last year.
93% YoY increase in consolidated net profit, reaching Rs 983 crore, compared to Rs 510 crore in the same quarter last year. Revenue from Operations: Rs 13,286 crore, a 1.4% increase YoY (Rs 13,101 crore in Q3FY24).
Rs 13,286 crore, a 1.4% increase YoY (Rs 13,101 crore in Q3FY24). Revenue in Dollar Terms : $1,567 million, down 0.4% YoY and a 1.3% decline QoQ.
: $1,567 million, down 0.4% YoY and a 1.3% decline QoQ. EBITDA: Rs 1,809 crore, reflecting a 3.4% QoQ growth and a 57.8% YoY increase. Tech Mahindra Results: Investors will closely watch management commentary on:
Client budgets for CY25
Progress in BFSI sector account penetration
Deal pipeline strength and conversion into Total Contract Value (TCV)
Restructuring updates of subsidiaries
Rationalization of tail accounts
Impact of GenAI on the BPO segment Nuvama estimates -0.7% QoQ decline in constant currency (CC) terms.
USD revenue seen down -1.5% QoQ. Tech Mahindra Q4 Results: Gains from reversal of furloughs and Comviva seasonality to be partially offset by:
Headwinds in the hi-tech sector
Closure of low-margin deals Price as on 02.43.23 PM , Click on company names for their live prices. Tech Mahindra Results: Analysts expect $750 million in net new deal wins.
Represents a QoQ improvement and strong YoY growth
New deals likely secured at higher margins Tech Mahindra Results: Revenue is expected to grow 4% YoY. Tech Mahindra Results: Net profit is projected to rise 65% YoY for the January–March quarter, based on the average of six brokerage estimates. Tech Mahindra Results: The company is expected to benefit from the reversal of furloughs and seasonality in Comviva, though these gains may be offset by challenges in the hi-tech sector and some low-margin deal closures. Net profit for the January-March period is projected to rise by 65% year-on-year (YoY), according to the average estimate of six brokerages, while revenue is expected to increase by 4% YoY.
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