Wednesday 29 October 2014

Epic Research Update : Tech Mahindra Q2

Epic Update Tech Mahindra





-Consolidated net profit at Rs 720 crore versus Rs 630.7 crore (QoQ)

-Consolidated total income at Rs 5,488 crore versus Rs 5,122 crore (QoQ)

-Consolidated EBIT at Rs 955 crore versus Rs 779.2 crore (QoQ)

-Consolidated EBIT margin at 17.4 percent versus 15.2 percent (QoQ)

-Consolidated dollar revenue at USD 900 million versus USD 855.2 million (QoQ)

-Forex loss at Rs 45.8 crore versus gain of Rs 12 crore (QoQ)

-IT attrition rate (LTM) at 18 percent versus 16 percent (QoQ)

-IT utilisation rate at 73 percent versus 72 percent (QoQ)

-IT utilisation rate (excluding trainees) at 76 percent versus 75 percent (QoQ)

-USD 50 million + clients at 12 versus 11 (QoQ)

-USD 5 million + clients at 86 versus 80 (QoQ)

-Cash & cash equivalents at Rs 3,434 crore as on September 30





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