Tech Mahindra Limited — PPTs, 17-01-2025: Investor Presentation

**Financial Highlights:** Tech Mahindra reported Q3 FY25 revenue of $1,567 million, a slight decline of 1.3% QoQ and 0.4% YoY. EBIT increased by 4% QoQ to $159 million, translating to an EBIT margin of 10.2%, up 480 bps YoY. PAT reached $116 million, marking a 9.9% QoQ growth and an impressive 88.5% increase YoY, resulting in a PAT margin of 7.4%.

**Strategic Initiatives and Growth Drivers:** The company continues to execute Project Fortius, enhancing operational efficiencies and driving increased margins.

**Business Developments:** Tech Mahindra secured significant new deals worth $745 million, including partnerships with major telecommunications companies in Germany and Canada, showcasing strong demand in their key verticals.

**Market Position and Competitive Advantage:** The company's focus on AI-driven solutions, particularly through the launch of agentX, positions it favorably in a rapidly evolving tech landscape.

**Investor Implications:** With steady growth in margins, robust free cash flow of $199 million, and active client engagement strategies, Tech Mahindra appears set for continued upward momentum, warranting a positive outlook for investors looking for growth in the technology services space.