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IT

Tech Mahindra grows FY revenues 13%, EBITDA up 35%

Tuesday 21 May 2019 | 16:56 CET | News

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Tech Mahindra announced revenues for its fiscal year to March up 12.9 percent to INR 347.42 billion (USD 4.97 billion). EBITDA improved 34.6 percent to INR 63.37 billion, and the net profit rose 13.1 percent to INR 42.98 billion. The company said the enterprise business performed well and it was also seeing a revival in the communications market, helped by new 5G developments. 

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Categories: IT
Companies: Tech Mahindra
Countries: World
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