Tech Mahindra Q4 results: Net profit declines 41% to Rs 664.2 crore, announces annual dividend of Rs 28/share; Here are all other details

Tech Mahindra has reported a net profit of Rs 664.2 crore, a decline of 41% in the fourth quarter of FY24, compared to Rs 1,125 crore recorded in the same period a year ago.

The company’s revenue from operations stood at Rs 12,871.3 crore, a fall of 6% in Q4 of FY24, against Rs 13,718.2 crore it reported in the fourth quarter of fiscal year 2022-23.

The IT-major’s operating profit or EBITDA stood at Rs EBITDA at Rs 1,408 crores, down 30.3% on year. However, it was up 22.8% on quarter.