Tech Mahindra reported a steady performance for the fourth quarter, with profit growth outpacing revenue expansion on a sequential basis. The company delivered improvement across key operational metrics, indicating better cost control and margin expansion.

In Q4, net profit rose sharply by 21% QoQ to ₹1,358.8 crore, compared to ₹1,122 crore in the previous quarter. This strong bottom-line growth significantly outperformed revenue growth, highlighting improved operational efficiency.

Revenue for the quarter increased by 4.7% QoQ to ₹15,076 crore, up from ₹14,393 crore. In dollar terms, revenue saw a modest rise of 0.93% QoQ to $1,625 million, compared to $1,610 million in the previous quarter, reflecting relatively stable global demand conditions.

Operating performance also showed improvement. EBIT climbed 10.2% QoQ to ₹2,084 crore, up from ₹1,891.6 crore. As a result, EBIT margin expanded to 13.8%, compared to 13.10% in the previous quarter—an increase of 70 basis points (0.7%) QoQ.

The sharper rise in profit (21%) compared to revenue growth (4.7%) and EBIT growth (10.2%) suggests that Tech Mahindra benefited from better cost management, operational efficiencies, and possibly improved deal execution during the quarter.

TOPICS: Tech Mahindra