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Tech Mahindra Q1: Highlights Of The Results
Tech Mahindra on Monday announced the audited consolidated financial results for its first quarter ending June 30, 2016.
Vineet Nayyar, Vice Chairman, Tech Mahindra, said "We have had a steady quarter inspite of the seasonal weakness in our mobility business. We look forward to continuing our journey of improving the profitability of our business"
Financial highlights for the quarter:
- The company's revenue stood at Rs 6,921 crore, up 10.0% Year on Year (YoY)
- Tech Mahindra's operating profit (EBITDA) at Rs 1,029 crore higher by 13.7% YoY
- Profit after tax of the company was high by 20.5% at Rs 750 crore.
- Earnings per Share (EPS) was Rs 8.59 for the quarter ended June 30, 2016
Other highlights
- Total headcount at 107,216; adds 1,784 professionals during the quarter
- Software headcount stood at 73,590; BPO at 27,326
- Cash and Cash equivalent of Rs 5,747 crore as of June 30, 2016
- The Active Client count stood at 818 in Q1
Shares of the company ended trade at Rs 489, higher by 0.62 per cent on BSE. It also touched an intra-day high of Rs 493 during trade.
Goodreturns.in
Story first published: Monday, August 1, 2016, 17:24 [IST]
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