टेक महिंद्रा का मुनाफा 23% बढ़ा: अप्रैल-जून तिमाही में आय​​​​​​​ 1.17% गिरकर ₹13,005 करोड़ रही

Tech Mahindra’s profit in the first quarter of FY 2024-25 has increased by 23% year-on-year (YoY) to ₹851 crore. In the same quarter a year ago (Q1FY24), the company had a profit of ₹692 crore.

Before the results, Tech Mahindra shares closed at Rs 1,540 with a gain of 0.44%. The stock has climbed 33.16% in the last one year. The company’s market cap is Rs 1.50 lakh crore. Today (July 25), the company has released the results for the first quarter (April-June) of the financial year 2024-25.

Revenue falls 1.17% to ₹13,005 crore
Tech Mahindra’s revenue from operations declined by 1.17% on an annual basis. Revenue from operations stood at ₹13,005 crore in the first quarter of FY25. Revenue stood at ₹13,159 crore in the same quarter a year ago i.e. the first quarter of FY24.

Income fell 1.50% to ₹ 13,150 crore
The company’s total income in the first quarter declined by 1.50% on a year-on-year (YoY) basis to Rs 13,150 crore, from Rs 13,350 crore in the same quarter last year. On a quarterly basis, the company’s total income declined by 0.70%.

Consolidated report of the entire company
The results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given.