Tech Mahindra Q3 PAT rises 13% YoY to Rs 1,118 cr; Rs 37.5L NDET investment
TECHM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty 100 and 3.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Consolidated Q3 revenue grew 8.3% YoY to Rs 14,393 cr; PAT at Rs 1,118 cr vs Rs 989 cr. 9M revenue Rs 41,739 cr, PAT Rs 3,449 cr. Board approved Rs 37.5 lakh additional investment in New Democratic Electoral Trust, raising stake from 19.83% to 49.35%, making it an associate. Exceptional item of Rs 272 cr booked for new Labour Codes impact. Auditor flagged emphasis of matter on old Satyam case. Company received a PF order for Rs 1,287 cr which it will challenge.
Modest earnings growth; exceptional Labour Codes charge and a new PF order of Rs 1,287 cr are key watch items for investors.