Tech Mahindra posts robust top-line and bottom-line growth

MUMBAI, INDIA: Tech Mahindra Ltd. announced the audited consolidated financial results for its second-quarter ended September 30, 2013. The revenue stands at INR 4,771 crore, which is up 16.3 per cent QoQ and 35.4 per cent YoY. Operating profit(EBITDA) stands at INR 1,111 crore, whch is up 46.8 per cent YoY and 28.5 per cent QoQ.

Vineet Nayyar, executive vice chairman, Tech Mahindra, said, "The Digital World is the next phase of our growth and we are ready to ride that wave. I am confident of our alignment with the needs of next generation consumers, with industry best practices and core strengths that our solutions bring."

C P Gurnani, MD and CEO, Tech Mahindra said, "The winning trio for us this quarter - growth across verticals, regions and practices reflects the Tech Mahindra's new found energy and alignment to win large deals, as well as participate with customers in their transformation journey. Our judicious investments in building Connected Solutions and relentless focus on enhancing customer experience is showing results"