2 weeks Ago
Shares of Tech Mahindra are likely to be in the spotlight on Friday after the IT services giant delivered a strong set of numbers for the fourth quarter, showcasing solid profit growth and a healthy operational performance.Tech Mahindra Q4 Results The company’s consolidated net profit surged 76% year-on-year (YoY) to Rs 1,167 crore. Revenue from operations rose 4% YoY to Rs 13,384 crore.
On a sequential basis, profit increased by 19%, while revenue saw a modest 1% rise.EBIT for the quarter climbed 48% YoY to Rs 1,405 crore and was up 4% QoQ. In constant currency terms, revenue was up 0.
3% YoY but declined 1.5% QoQ. Dollar revenue stood at $1.
5 billion, remaining flat compared to the previous year.For the full financial year ended March 2025, consolidated profit after tax jumped 80% YoY to Rs 4,252 crore, while revenue grew by 2% to Rs 54,988 crore. EBIT for the year rose 63% to Rs 5,138 crore.
Tech Mahindra DividendThe company’s board recommended a final dividend of Rs 30 per equity share (600%) with a face value of Rs 5 for the financial year ending March 31, 2025. The 38th Annual General Meeting (AGM) is scheduled for Thursday, July 17, 2025. If the AGM approves and declares the dividend, it will be paid by August 15, 2025.
The record date for determining eligible shareholders for the dividend is Friday, July 4, 2025.Tech Mahindra Share PriceShares of the company rose 22% and outperformed its sector by 18% in the past year. Meanwhile, the stock offered 11% and 187% returns in the last three and five years, respectively.
According to Trendlyne, Tech Mahindra has better one-year returns than Nifty50, Sensex, sector, and industry..
