Tech Mahindra Ltd.

Tech Mahindra has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 11.12% in its net profit at Rs 1,037.90 crore for the quarter under review as compared to Rs 1,167.80 crore for the same quarter in the previous year. Total income of the company increased by 23.75% at Rs 9,546.10 crore for Q4FY22 as compared Rs 7,713.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.97% in its net profit at Rs 1,545.30 crore for the quarter under review as compared to Rs 1,044.30 crore for the same quarter in the previous year. Total income of the company increased by 27.39% at Rs 12,436.10 crore for Q4FY22 as compared Rs 9,762.50 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 15.90% in its net profit at Rs 4,913.10 crore as compared to Rs 4,239.10 crore for the previous year. Total income of the company increased by 18.61% at Rs 36,248.90 crore for year under review as compared to Rs 30,562.70 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 29.34% in its net profit at Rs 5,630.10 crore as compared to Rs 4,353 crore for the previous year. Total income of the company increased by 18.42% at Rs 45,758.30 crore for year under review as compared to Rs 38,642.20 crore for year ended March 31, 2021.