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Tech Mahindra Q2 revenue grows 5%, wins record deals worth nearly USD 1.5 bln

Wednesday 6 November 2019 | 11:39 CET | News
Tech Mahindra posted revenues of INR 90.7 billion for its second quarter to 30 September 2019, which represents an increase of 4.8 percent quarter-on-quarter. EBITDA jumped 14.2 percent quarter-on-quarter to INR 15 billion. Margins were at 16.5 percent, up 130 bps in the period. Profit after tax reached INR 11.24 billion, up 17.2 percent quarter-on-quarter. Earnings per share (EPS) amounted to INR 12.88. Tech Mahindra also reports it has won record high contracts worth USD 1.49 billion in the quarter ended 30 September 2019.

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Categories: Fixed
Companies: Tech Mahindra
Countries: India
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