Tech Mahindra Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting

The Board of Directors of Tech Mahindra has approved the audited consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹13,286 crore, marking a 1.4% increase year-on-year. Profit after tax surged to ₹983 crore, reflecting a substantial 92.6% growth. EBITDA stood at ₹1,809 crore with a margin of 13.6%. Notably, the company secured new deals with a total contract value (TCV) of $745 million, showcasing robust business momentum despite a slight decline in revenue quarter-on-quarter.