Tech Mahindra on Monday announced the audited consolidated financial results for its first quarter ending June 30, 2016.

Vineet Nayyar, Vice Chairman, Tech Mahindra, said "We have had a steady quarter inspite of the seasonal weakness in our mobility business. We look forward to continuing our journey of improving the profitability of our business"

Tech Mahindra: Quotes, News

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Financial highlights for the quarter:

• The company's revenue stood at Rs 6,921 crore, up 10.0% Year on Year (YoY)
• Tech Mahindra's operating profit (EBITDA) at Rs 1,029 crore higher by 13.7% YoY
• Profit after tax of the company was high by 20.5% at Rs 750 crore.
• Earnings per Share (EPS) was Rs 8.59 for the quarter ended June 30, 2016

Other highlights

• Total headcount at 107,216; adds 1,784 professionals during the quarter
• Software headcount stood at 73,590; BPO at 27,326
• Cash and Cash equivalent of Rs 5,747 crore as of June 30, 2016
• The Active Client count stood at 818 in Q1