Tech Mahindra’s Q2FY23 Quarter Results
Tech Mahindra’s revenues grew 20.2% YoY
- 01 Nov 2022
- Tech Mahindra reported 4.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 20.2%.
- Its expenses for the quarter were up by 3.5% QoQ and 26.7% YoY.
- The net profit increased by 13.2% QoQ and down 3.1% YoY.
- The earnings per share (EPS) of Tech Mahindra stood at 14.5 during Q2FY23.
Tech Mahindra’s Financial Statements for Q2FY23:
| (Rs, crores) | Q2FY22 | Q1FY23 | Q2FY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 11,163 | 12,830 | 13,420 | 4.6% | 20.2% |
Total Expenses | 9,265 | 11,345 | 11,741 | 3.5% | 26.7% |
Profit before tax | 1,898 | 1,486 | 1,664 | 12.0% | -12.3% |
Tax | 557 | 338 | 365 | 7.9% | -34.5% |
Profit after tax | 1,341 | 1,148 | 1,299 | 13.2% | -3.1% |
Earnings per share | 15.1 | 12.8 | 14.5 |
Data Source: BSE, Company announcements
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