Tech Mahindra has announced its audited and consolidated financial results for the quarter ending June 30, 2013. As per the results, the revenue stood at Rs.4,103 crore which was up 21.7% YoY and 8.9% QoQ. Consolidated net profit after tax (PAT) for Q1 was received at Rs.686 crore up 27.0% YoY and 7.6% QoQ. The operating profit (EBITDA) was Rs.864 crore; up 16.9% YoY and 12.1% QoQ and Earnings per Share (EPS) were Rs.29.60 for this quarter.
C. P. Gurnani, MD, Tech Mahindra, said, IT Consumerization, Unified Networks, Internet of Things, Big Data, Faster Analytics and Supercomputing have become the primary drivers of business efficiency now. We are leveraging our collective expertise in Cloud, Analytics, Social, Security, Mobility and Networks to create Digital Enterprises globally, powered by an entrepreneurial culture and the veritable power of a unified combine.
The other highlights of the results revealed that the total headcount of the company for the year was 83,063. Software professional headcount stood at 53,337, BPO at 23,269 and sales & support at 6,457. Active client count stood at 567 in Q1 FY14 versus 516 in Q4 FY13. In this quarter, the cash equivalent was at Rs.3, 655 crore, as of June 30, 2013.
Image Gallery
