Tech Mahindra announces Rs 45 per share dividend as FY25 profit soars 80%
Tech Mahindra announces Rs 45 per share dividend as FY25 profit soars 80%
Tech Mahindra's net profit soared 80% in FY25, reaching Rs 4,251.5 crore, prompting a final dividend of Rs 30 per share, bringing the total to Rs 45. The company's Q4 net profit rose 76.5% to Rs 1,167 crore, driven by a one-time tax benefit and reduced asset impairment, despite a slight revenue increase and headcount reduction.
Tech Mahindra's net profit soared 80% in FY25, reaching Rs 4,251.5 crore, prompting a final dividend of Rs 30 per share, bringing the total to Rs 45. The company's Q4 net profit rose 76.5% to Rs 1,167 crore, driven by a one-time tax benefit and reduced asset impairment, despite a slight revenue increase and headcount reduction.