scorecardresearchTech Mahindra shares trade lower after Q1; brokerages retain faith in the stock

Tech Mahindra shares trade lower after Q1; brokerages retain faith in the stock

Updated: 26 Jul 2022, 04:28 PM IST
TL;DR.
  • Tech Mahindra's consolidated PAT for Q1FY23 came at 1,132 crore, down 24.8% quarter-on-quarter (QoQ) and 16.4% year-on-year (YoY).
Tech Mahindra's revenue for the quarter under review stood at  <span class='webrupee'>₹</span>12,708 crore, up 4.9% QoQ and up 24.6% YoY. EBITDA stood at  <span class='webrupee'>₹</span>1,880 crore, down 10% QoQ and up 0.2% YoY. Photo: Unsplash

Tech Mahindra's revenue for the quarter under review stood at 12,708 crore, up 4.9% QoQ and up 24.6% YoY. EBITDA stood at 1,880 crore, down 10% QoQ and up 0.2% YoY. Photo: Unsplash