Integrated Filing- Financial

Tech Mahindra has announced a board meeting to discuss the audited consolidated and standalone financial results for the quarter and nine months ending December 31, 2024. Notably, the company reported a profit after tax (PAT) of ₹983 crore, reflecting a significant year-on-year increase of 92.6%. The new contract wins were impressive, growing by 95.4% year-on-year to USD 745 million.

Despite a slight dip in revenue quarter-on-quarter, operational improvements indicate a robust business trajectory.

Investor sentiment may remain positive due to strong margin expansion and cash flow generation, alongside the strategic growth in new deal sizes.