Thursday, Apr 24 2025 | Time 22:29 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

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..
align=SBI Life Insurance registers new business premium of Rs 35,577 cr" title="title" style="display: block;" />

align="center" style="margin: 0cm 18 15pt 0 0001pt 0cm; text-align: center; font-size: 11pt; font-family: calibri, sans-serif;">SBI Life Insurance registers new business premium of Rs 35,577 cr

24 Apr 2025 | 6:50 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..

Q4: Nestle India profit declines 5 pc year-on-year

24 Apr 2025 | 6:48 PM

New Delhi, Apr 24 (UNI) FMCG major Nestle India Ltd on Thursday posted a net profit of Rs 885.4 crore for the January–March quarter (Q4FY25), down 5 per cent year-on-year.

see more..