Business News›Markets›Stocks›Earnings›Tech Mahindra Q3 Results: Profit soars by 93%; revenue grows 1.4% year-on-year
Tech Mahindra Q3 Results: Profit soars by 93%; revenue grows 1.4% year-on-year
Tech Mahindra reported a 93% increase in consolidated net profit for the December 31, 2024 quarter, totalling Rs 983 crore, up from Rs 510 crore last year. Revenue from operations reached Rs 13,286 crore, a 1.4% increase from Rs 13,101 crore in the same quarter last year. The company’s EBITDA for Q3FY25 was Rs 1,809 crore, reflecting a 3.4% increase from the previous quarter and a 57.8% rise year-on-year.
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