Tech Mahindra has allotted 1,23,618 equity shares under ESOP on 10 May 2024. With this allotment, the paid up equity share capital of the company has increased to 976,925,401 equity shares of Rs 5 each. Powered by Capital Market - Live News

Tech Mahindra announced the resignation of Manoj Bhat (DIN: 05205447) with effect from end of business day on 17 May 2024, in view of his transition to role of Managing Director & CEO of Mahindra Holidays and Resorts India. Powered by Capital Market - Live News

Tech Mahindra announced that the 37th Annual General Meeting (AGM) of the company will be held on 26 July 2024.Powered by Capital Market - Live News

Net profit of Tech Mahindra declined 40.86% to Rs 661.00 crore in the quarter ended March 2024 as against Rs 1117.70 crore during the previous quarter ended March 2023. Sales declined 6.17% to Rs 12871.30 crore in the quarter ended March 2024 as against Rs 13718.20 crore during the previous quarter ended March 2023.For the full year,net profit declined 51.20% to Rs 2357.80 crore in the year ended March 2024 as against Rs 4831.30 crore during the previous year ended March 2023. Sales declined 2.43% to Rs 51995.50 crore in the year ended March 2024 as against Rs 53290.20 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales12871.3013718.20 -6 51995.5053290.20 -2 OPM %8.5413.14 -8.6714.57 - PBDT1420.502015.10 -30 5041.508402.20 -40 PBT959.101524.90 -37 3224.406445.50 -50 NP661.001117.70 -41 2357.804831.30 -51 Powered by Capital Market - Live News

Tech Mahindra announced that the Board of Directors of the Company at its meeting held on 25 April 2024, has recommended a Final dividend of Rs.28 per share (i.e.560%), subject to the approval of the shareholders.Powered by Capital Market - Live News