Corporate Results

Net profit of Tech Mahindra declined 40.86% to Rs 661.00 crore in the quarter ended March 2024 as against Rs 1117.70 crore during the previous quarter ended March 2023. Sales declined 6.17% to Rs 12871.30 crore in the quarter ended March 2024 as against Rs 13718.20 crore during the previous quarter ended March 2023.

For the full year,net profit declined 51.20% to Rs 2357.80 crore in the year ended March 2024 as against Rs 4831.30 crore during the previous year ended March 2023. Sales declined 2.43% to Rs 51995.50 crore in the year ended March 2024 as against Rs 53290.20 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	12871.30	13718.20	-6	51995.50	53290.20	-2
OPM %	8.54	13.14	-	8.67	14.57	-
PBDT	1420.50	2015.10	-30	5041.50	8402.20	-40
PBT	959.10	1524.90	-37	3224.40	6445.50	-50
NP	661.00	1117.70	-41	2357.80	4831.30	-51

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