Stock Report

TECH Mahindra Ltd reports surge in Q3FY21 consolidated PAT to Rs. 1309.8 crore



Posted On : 2021-01-29 18:03:46( TIMEZONE : IST )

TECH Mahindra Ltd reports surge in Q3FY21 consolidated PAT to Rs. 1309.8 crore

TECH MAHINDRA LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.9868 crores during the period ended December 31, 2020 as compared to Rs.9489.3 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1309.8 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.1064.6 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.14.87 for the period ended December 31, 2020 as compared to Rs.12.11 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 9868 crs₹ 9489.3 crsUp Tick 3.99%
Net Profit₹ 1309.8 crs₹ 1064.6 crsUp Tick 23.03%
EPS₹ 14.87₹ 12.11Up Tick 22.79%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.9868 crores during the period ended December 31, 2020 as compared to Rs.10004.2 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.1309.8 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.1145.9 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.14.87 for the period ended December 31, 2020 as compared to Rs.13.03 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 9868 crs₹ 10004.2 crsDown Tick -1.36%
Net Profit₹ 1309.8 crs₹ 1145.9 crsUp Tick 14.3%
EPS₹ 14.87₹ 13.03Up Tick 14.12%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.28879.7 crores during the 9 months period ended December 31, 2020 as compared to Rs.28284.7 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.3346.7 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.3229.1 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.37.99 for the 9 months period ended December 31, 2020 as compared to Rs.36.73 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 28879.7 crs₹ 28284.7 crsUp Tick 2.1%
Net Profit₹ 3346.7 crs₹ 3229.1 crsUp Tick 3.64%
EPS₹ 37.99₹36.73Up Tick 3.43%

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.961.65 as compared to the previous close of Rs. 982.55. The total number of shares traded during the day was 125411 in over 6617 trades.

The stock hit an intraday high of Rs. 995.45 and intraday low of 954.9. The net turnover during the day was Rs. 122694025.

Source : Equity Bulls

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