Wednesday 5 February 2014

Epic Research Update : Tech Mahindra Q3


Net profit at Rs 1,010 crore versus Rs 718 crore (QoQ)

Revenue at Rs 4,900 crore versus Rs 4,771 crore (QoQ)

Epic Update Tech Mahindra Dollar revenue at USD 791 million versus USD 758 million (QoQ)

EBTIDA margin at 23.28 percent versus 23.28 percent (QoQ)

Tech Mahindra net profit of Rs 1,010 crore includes exceptional item of Rs 346.6 crore

Net profit of Rs 663 crore before exceptional, tax writeback

Attrition rate stable at 17 percent

Tech Mahindra approves hike in FII limit to 48 percent from 45 percent

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