Conference Call with Tech Mahindra Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Tech Mahindra declares Q3FY22 result: Tech Mahindra Q3’22 Revenues up 18.7% YoY Revenue at USD 1533.5 mn; up 4.1% QoQ and up 17.2% YoY Revenue growth up 4.7% QoQ in constant currency terms EBITDA at USD 276.5 mn; up 2.5% QoQ, up 7.5% YoY Margins at 18.0% Profit after tax (PAT) at USD 183.8 mn; up 1.5% QoQ and up 3.4% YoY Free cash flow at Rs 123 mn, conversion to PAT at 67% Financial highlights for the quarter (in Rs) Revenue at Rs 11,451 crores; up 5.2% QoQ and up 18.7% YoY EBITDA at Rs 2,060 crores; up 3.3% QoQ, up 8.7% YoY Consolidated PAT at Rs 1,369 crores; up 2.2% QoQ and up 4.5% YoY CP Gurnani, Managing Director & Chief Executive Officer, Tech Mahindra, said, "Our people-first approach combined with sustained value creation this quarter reflects our commitment towards redefining possibilities and competencies in the new normal. We continue to strengthen our presence, deliver broad-based profitable growth and value for our customers, backed by future-ready talent and niche digital capabilities." Milind Kulkarni, Chief Financial Officer, Tech Mahindra, said, “We continue to transform our operations and add new capabilities enabling us to grow faster while sustaining our profitability. Our focus on operational efficiencies and investments for the future will help us drive exponential value creation in the long run.” Result PDF