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Tech Mahindra Q1 FY22 Result Analysis

Tech Mahindra Q1 FY22 Result Analysis

Published on 30 July 2021 .Views 34 .Comments 0
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• Revenue in INR terms has increased 12% on YoY basis and 4.8% on QoQ basis. Revenue expected to grow in double digits for FY22. Margins were affected because of high subcontracting cost, salary hikes and seasonal nature of mobility business. Profitability wasn’t affected much because of operating leverage and efficiencies. Americas continue to dominate the revenue mix of the company by region. The company is expanding its headcount and has a strong order book going forward.

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