Friday, Apr 25 2025 | Time 06:22 Hrs(IST)
Business Economy


Tech Mahindra Q4 net profit surges 77 pc to Rs 1,167 cr

New Delhi, Apr 24 (UNI) Tech Mahindra on Thursday reported a 77 per cent surge in consolidated net profit to Rs 1,167 crore for the quarter ended March 31, 2025, as against Rs 661 crore in the corresponding period last year.
The Mahindra group IT major had posted a net profit of Rs 983.2 crore in the preceding December quarter.
The company's revenue from operations rose 4 per cent to Rs 13,384 crore in the fourth quarter of FY25, compared to Rs 12,871 crore in the year-ago period.
Declaring its financial results, the company's board also approved a final dividend of Rs 30 per share for FY25.
"This year, we laid a strong foundation for our transformation journey. Through strategic investments in our people, leadership, and capabilities, we have positioned ourselves to accelerate our strategic roadmap."
"Our deal wins at $2.7 billion, reflect a 42 per cent year-on-year increase and are a clear validation of the depth of our client partnership,” said Mohit Joshi, Chief Executive Officer of Tech Mahindra.
Shares of Tech Mahindra ended 0.49 per cent higher at Rs 1,446.6 apiece on the National Stock Exchange on Thursday. UNI BDN SSP
More News

Laurus labs Q4FY25 net profit rises 208 pc to Rs 234 cr

25 Apr 2025 | 1:16 AM

Hyderabad, Apr 24 (UNI) Laurus Labs Ltd., a leading research and development driven pharmaceutical and biotech company in India, on Thursday said that its net profit increased 208 per cent to Rs 234 crore for the fourth quarter ended March 31,2025 as against Rs 76 crore for the corresponding quarter of FY24.

see more..

Axis Bank Q4FY25 net profit marginally down to Rs 7,118 crore

24 Apr 2025 | 10:07 PM

Mumbai, Apr 24 (UNI) Axis Bank on Thursday reported a marginal dip in its standalone net profit to Rs 7,118 crore for the quarter ended March 31, 2025 (Q4FY25), compared to Rs 7,130 crore in the same period last year. However, the private sector lender outperformed market expectations on the back of stronger core lending income.

see more..

SBI Life Insurance registers new business premium of Rs 35,577 cr

24 Apr 2025 | 8:40 PM

Kolkata, Apr 24 (UNI) SBI Life Insurance has registered a new business premium of Rs 35,577 cr for the year ended on 31st March, 2025 vis-a-vis Rs 38,238 cr for the year ended March 31, 2024.

see more..
Tata Steel’s Cold Rolling Mill in Jamshedpur celebrates 25 years of excellence in advanced steel manufacturing

Tata Steel’s Cold Rolling Mill in Jamshedpur celebrates 25 years of excellence in advanced steel manufacturing

24 Apr 2025 | 6:55 PM

Kolkata, Apr 24 (UNI) Tata Steel commemorates 25 years of its Cold Rolling Mill (CRM) Complex at Jamshedpur - a landmark facility that has redefined India’s capabilities in manufacturing high-quality cold rolled and galvanised steel for the automotive, appliance, and construction sectors.

see more..

Pune among top 5 cities for digital payment transactions in H2 2024: Worldline India

24 Apr 2025 | 6:53 PM

Pune, Apr 24 (UNI) Pune ranked amongst top five cities in the country in digital payment transactions in second half of calendar year 2024 (July–December 2024), revealed the findings released by Worldline, a global leader in payment services, on Thursday.

see more..