Tech Mahindra Q4 Results Live : profit falls by 40.86% YOY
Tech Mahindra Q4 Results Live : Tech Mahindra declared their Q4 results on 25 Apr, 2024. The topline decreased by 6.17% & the profit decreased by 40.86% YoY. As compared to the previous quarter the revenue declined by 1.76% and the profit increased by 29.51%.
The Selling, general & administrative expenses declined by 2.16% q-o-q & increased by 0.8% Y-o-Y.
The operating income was down by 9.29% q-o-q & decreased by 51.61% Y-o-Y.
The EPS is ₹9.86 for Q4 which decreased by 31.4% Y-o-Y.
Tech Mahindra has delivered 0.9% return in the last 1 week, 6.71% return in last 6 months and -6.47% YTD return.
Currently, Tech Mahindra has a market cap of ₹116263.6 Cr and 52wk high/low of ₹1416.3 & ₹981.05 respectively.
As of 27 Apr, 2024, out of 37 analysts covering the company, 2 analysts have given Strong Sell rating, 12 analysts have given Sell rating, 10 analysts have given Hold rating, 6 analysts have given Buy rating & 7 analysts have given Strong Buy rating.
The consensus recommendation as on 27 Apr, 2024 was to Hold.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 12871.3 | 13101.3 | -1.76% | 13718.2 | -6.17% |
| Selling/ General/ Admin Expenses Total | 7249 | 7409.4 | -2.16% | 7191.8 | +0.8% |
| Depreciation/ Amortization | 461.4 | 443.4 | +4.06% | 490.2 | -5.88% |
| Total Operating Expense | 12233.6 | 12398.3 | -1.33% | 12400.4 | -1.35% |
| Operating Income | 637.7 | 703 | -9.29% | 1317.8 | -51.61% |
| Net Income Before Taxes | 959.1 | 678.8 | +41.29% | 1524.9 | -37.1% |
| Net Income | 661 | 510.4 | +29.51% | 1117.7 | -40.86% |
| Diluted Normalized EPS | 9.86 | 5.76 | +71.17% | 14.37 | -31.4% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹661Cr
Question : What is Q4 revenue?
Ans : ₹12871.3Cr
Stay updated on quarterly results with our results calendar
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download Finplay News App to get Daily Market Updates & Live Business News.
More
Less
Published: 27 Apr 2024, 02:47 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.