One of the largest IT sector company Tech Mahindra reported Q4 result. Tech Mahindra quarter fourth result consolidated net profit down Rs 614 crore Vs last year same quarter January to March net profit Rs 637.7 crore.
Tech Mahindra consolidated revenues includes satyam computer increase 34.2% to Rs 5058.1 cr against last year same quarter Rs 3767.3. Tech Mahindra USD terms stood up 18.2% to net profit is USD 101million total net proofit is USD 825 million.
Financial year of 2013 – 2014 net profit stood up Rs 3028.8 cr againt last financial year net profit at Rs 1955.6 cr. Net profit increase increase 54.8%, Tech mahindra revenue up 31.3% Rs 18.831.4% against last year revenue at Rs 14332 cr
Tech mahindra has proposed 200% dividend per share in 2013-14 financial year. The company’s has taking this year headcount to 89441 people and professional is 6333, The company has taken software people 60997 and BPO people 21830.