Tech Mahindra Limited — Investor Meet, 23-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
23-10-2024 · 06:37 pm
Tech Mahindra's Q2 FY’25 earnings conference highlighted a 2.2% year-over-year revenue rise to $1.589 billion. Key drivers included strong growth in BFSI (4.5% YoY) and a new strategic partnership with Microsoft. The company reported an EBIT margin of 9.6%, aided by Project Fortius. Notably, a dividend of Rs. 15 per share was announced. Despite softness in the communications sector, Tech Mahindra aims for long-term growth through cost savings and strategic hires.
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