Tech Mahindra reported a significant 153% YoY growth in profit after tax (PAT) to ₹1,250 crore for Q2 FY24, with revenue at ₹13,313 crore, up 3.5% YoY. EBITDA surged by 63.2% YoY to ₹1,750 crore, reflecting margin improvements driven by operational efficiency.
The company also declared an interim dividend of ₹15 per share. CEO Mohit Joshi credited the growth to strategic client relationships and project Fortius, while CFO Rohit Anand highlighted strong deal wins, steady free cash flow, and consistent revenue growth as key performance drivers.