Tech Mahindra share price will announce its financial results for the full financial year 2024–25 on April 24. The company informed the stock exchanges that its Board of Directors will meet on April 23 and 24 to approve the audited financial results. During the meeting, the board may also recommend a dividend for FY25.
Tech Mahindra is the IT arm of the Mahindra Group. It is a major player in the IT services and consulting sector. It operates in over 90 countries and serves more than 1,100 customers across the globe.
In line with SEBI’s insider trading regulations, Tech Mahindra has kept its trading window closed from April 1 until April 26. This means that designated persons, such as company insiders, are not allowed to trade in Tech Mahindra shares during this period.
To explain the Q4 and FY25 results, Tech Mahindra will host earnings call with investors and analysts on April 24 at 6:30 p.m. The call will provide more insight into the company’s performance and future outlook.
In Q3 FY25, Tech Mahindra reported a strong performance. Its consolidated net profit jumped 92.63% to ₹983.2 crore from ₹510.4 crore in Q3 FY24. Revenue from operations also rose slightly by 1.4% to ₹13,285.6 crore. The company’s EBITDA stood at ₹1,809 crore, up 57.8% from the previous year.
Tech Mahindra share price have risen over 9% in the past five trading sessions. However, the stock is down 3% over the past month and has fallen 18.30% in the last six months. On a year-to-date basis, it is down 16.76%. The stock hit a 52-week high of ₹1,807.7 on December 12, 2024, and a low of ₹1,172.80 on April 25, 2024.
As Tech Mahindra prepares to release its Q4 and FY25 results, investors are eager to see if the company can maintain its recent earnings momentum and deliver a positive outlook for the coming year.
Read more on: HCLTech Q4 Results: Net Income Rises 8.1% YoY, ₹18 Dividend Announced; 6% Rise in Share Price
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Published on: Apr 23, 2025, 11:22 AM IST
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