Tech Mahindra Ltd. today announced the audited consolidated financial results for its first quarter ended June 30, 2016.
Financial highlights for the quarter (₹)
- Revenue at ₹ 6,921 crore; up 10.0% YoY
- Operating profit (EBITDA) at ₹ 1,029 crore; up 13.7% YoY
- Consolidated PAT at ₹ 750 crore, up 20.5% YoY
- Earnings per Share (EPS) was ₹ 8.59 for the quarter ended June 30, 2016
- Revenue at USD 1,031.5 mn; up 4.3% YoY and 0.9% QoQ
- Operating profit (EBITDA) at USD 153.4 mn; up 7.9% YoY and down 10.4% QoQ
- Consolidated PAT at USD 111.5 mn, up 14.0% YoY and down 12.8% QoQ
- Total headcount at 107,216; adds 1,784 professionals during the quarter
- Software headcount stood at 73,590; BPO at 27,326
- Cash and Cash equivalent of ₹ 5,747 crore as of June 30, 2016
- The Active Client count stood at 818 in Q1
Vineet Nayyar, Vice Chairman, Tech Mahindra, said, "We have had a steady quarter inspite of the seasonal weakness in our mobility business. We look forward to continuing our journey of improving the profitability of our business.”
C P Gurnani, Managing Director & CEO, Tech Mahindra “Our business has done well on several parameters like large client growth, digital wins and strong cash flows. Automation and Delivery Excellence are two key focus areas for the year going forward."
