InvestorQ : How did you find the results of Tech Mahindra for the Jun-21 quarter?
vidhya Laxmi made post

How did you find the results of Tech Mahindra for the Jun-21 quarter?

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sarah Leo answered.
4 months ago
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For the Jun-21 quarter, Tech Mahindra reported 39% increase in net profit at Rs.1,353 crore while the revenues for the same period were higher by 12% at Rs.10,198 crore. As the CEO of Tech Mahindra, Vineet Nayyar, summed it up they had stayed committed to continue the focus on delivery excellence. This had actually become the cornerstone of enhanced operational and financial metrics for the company on a sustained basis.

The company saw smart growth in rupee terms and also in constant currency dollar terms. In fact, if you look at in dollar terms, net profit rose 42.2% to $183 million and the top line revenues were higher by 14.6% at $1,384 million. Tech Mahindra saw smart growth across all key markets; US, Europe and ROW. It also saw solid growth across key verticals; CME and Enterprise Solutions. Its headcount increased by 5,209 to 126,263.

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