Stock Report

Tech Mahindra Ltd posts consolidated PAT of Rs. 510.4 crores in Q3 FY2023-24



Posted On : 2024-01-24 18:32:07( TIMEZONE : IST )

Tech Mahindra Ltd posts consolidated PAT of Rs. 510.4 crores in Q3 FY2023-24

Tech Mahindra Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 13188.8 crores during the period ended December 31, 2023 as compared to Rs. 13128.1 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 510.4 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 493.9 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 5.76 for the period ended December 31, 2023 as compared to Rs. 5.57 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹13188.8 crs ₹13128.1 crs Up Tick / Down Tick0.46%
Net Profit ₹510.4 crs ₹493.9 crs Up Tick / Down Tick3.34%
EPS ₹5.76 ₹5.57 Up Tick / Down Tick3.41%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.13188.8 crores during the period ended December 31, 2023 as compared to Rs.13981.8 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.510.4 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1296.6 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.5.76 for the period ended December 31, 2023 as compared to Rs.14.64 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹13188.8 crs ₹13981.8 crs Up Tick / Down Tick-5.67%
Net Profit ₹510.4 crs ₹1296.6 crs Up Tick / Down Tick-60.64%
EPS ₹5.76 ₹14.64 Up Tick / Down Tick-60.66%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.39667.6 crores during the 9 Months period ended December 31, 2023 as compared to Rs.40231.5 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1696.8 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.3713.6 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.19.13 for the 9 Months period ended December 31, 2023 as compared to Rs.41.94 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹39667.6 crs ₹40231.5 crs Up Tick / Down Tick-1.40%
Net Profit ₹1696.8 crs ₹3713.6 crs Up Tick / Down Tick-54.31%
EPS ₹19.13 ₹41.94 Up Tick / Down Tick-54.39%

Shares of Tech Mahindra Limited was last trading in BSE at Rs. 1407.75 as compared to the previous close of Rs. 1365.60. The total number of shares traded during the day was 55136 in over 3235 trades.

The stock hit an intraday high of Rs. 1410.00 and intraday low of 1367.75. The net turnover during the day was Rs. 76688569.00.

Source : Equity Bulls

Keywords

TechMahindra Q3FY24 9MFY24 ResultUpdate