Tech Mahindra Announced Dividend of Rs 30 Per Share

dividend

Tech Mahindra has reported a 34.51 percent year-on-year (YOY) rise in net profit at Rs 1,081.4 crore for Q4 of F.Y. 21. Whereas the figure was Rs 803.9 crore in the corresponding quarter last year.

The March quarter revenue stood as Rs. 9,729.9 crore as against a revenue of Rs 9,490.2 crore in the same period, a year ago. While Rs 9,647.1 crore revenue was posted in the December quarter of F.Y. 21.

Further, the board has recommended a dividend of Rs 30 per share, including a special dividend of Rs 15 per share for F.Y. 21.

The same, if approved by the members, will be paid by 11th August, 2021, the company has clarified.

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