Tech Mahindra’s Q2FY23 Quarter Results
- 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)
Total Income
Q2FY22
11,163
Q1FY23
12,830
Q2FY23
13,420
QoQ (%)
4.6%
YoY (%)
20.2%
(Rs, crores)
Total Expenses
Q2FY22
9,265
Q1FY23
11,345
Q2FY23
11,741
QoQ (%)
3.5%
YoY (%)
26.7%
(Rs, crores)
Profit before tax
Q2FY22
1,898
Q1FY23
1,486
Q2FY23
1,664
QoQ (%)
12.0%
YoY (%)
-12.3%
(Rs, crores)
Tax
Q2FY22
557
Q1FY23
338
Q2FY23
365
QoQ (%)
7.9%
YoY (%)
-34.5%
(Rs, crores)
Profit after tax
Q2FY22
1,341
Q1FY23
1,148
Q2FY23
1,299
QoQ (%)
13.2%
YoY (%)
-3.1%
(Rs, crores)
Earnings per share
Q2FY22
15.1
Q1FY23
12.8
Q2FY23
14.5
QoQ (%)
YoY (%)
| (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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