Tech Mahindra announced the financial results for its fourth quarter and year ended March 31, 2020.
Tech Mahindra reported 4.3 percent increase in revenue to $5.181.9 billion during fiscal 2019-20.
Tech Mahindra reported EBITDA of $803.4 millionn (–11.3 percent), while PAT reached $566.8 million (–7.8 percent).
Tech Mahindra posted revenue of $1.294.6 billion (–4.3 percent) in fourth quarter of fiscal 2019-20.
Tech Mahindra said its digital revenues grew 2 percent quarter-on-quarter representing 44 percent of revenues.
Tech Mahindra reported EBITDA of $182.7 million (–16.5 percent) with profit of $109 million (–32.1 percent) in Q4.
Tech Mahindra added 4,154 employees in the last 12 months and the total headcount reached 125,236 in March 2020.