IT Consulting & Software company Tech Mahindra announced Q2FY25 results Financial Highlights: Revenue USD 1,589 million; up 1.9% QoQ, up 2.2% YoY. Revenue grew by 0.7% QoQ, up by 1.2% YoY in constant currency terms. Revenue Rs 13,313 crore; up 2.4% QoQ, up 3.5% YoY. EBITDA USD 209 million; up 11.3% QoQ, up 61.4% YoY. EBITDA Rs 1,750 crore; up 11.9% QoQ, up 63.2% YoY. EBITDA Margin 13.1%, up 110 bps QoQ, up 480 bps YoY. Profit after tax (PAT) USD 149 million; up 46.1% QoQ, up 150.7% YoY. Consolidated PAT Rs 1,250 crore; up 46.8% QoQ, up 153.1% YoY. PAT Margin 9.4%, up 280 bps QoQ, up 560 bps YoY. Free cash flow USD 157 million. New deal wins TCV USD 603 million. Earnings per share (EPS) Rs 14.10 Other Highlights: Total headcount at the end of the quarter 1,54,273, up 6,653 QoQ and 3,669 YoY. LTM IT attrition 10.6% • Days of Sales Outstanding 94 days; up 1 day QoQ, down 3 days YoY. Cash and Cash Equivalent at the end of the quarter Rs 6,566 crore. Interim dividend declared Rs 15 per share Mohit Joshi, Chief Executive Officer and Managing Director, Tech Mahindra, said: “We continue to progress on our strategic improvement efforts even as the overall IT services industry has remained soft. We have focused on strengthening client relationships and expanding the partner ecosystem while maintaining a sharp focus on operational excellence through project Fortius, which has resulted in an expansion of margins for the third sequential quarter.” Rohit Anand, Chief Financial Officer, Tech Mahindra, said: “This quarter we see consistent performance around increasing deal wins, revenue growth, cost optimization and steady free cashflow generation as we continue our journey towards FY27 stated targets. In line with our capital allocation policy the board has declared an interim dividend of Rs. 15 per share.” Result PDF