Tech Mahindra reports seventh consecutive quarter margin expansion
Tech Mahindra reported revenues of $1,564 million for the quarter ended June 30, 2025, up 0.4% year-on-year but down 1.0% on constant currency basis. EBIT margin expanded to 11.1% from 10.5% last quarter, marking the seventh consecutive quarter of improvement. Profit after tax rose 30% year-on-year to $133 million.
Growth came from Communications, Retail, and BFSI verticals, with BFSI up 4.7% year-on-year. Manufacturing and Hi-Tech declined 4% and 3.3% respectively. Total contract value reached $809 million, up 44% year-on-year on a last twelve months basis.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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