Tech Mahindra Reports Mixed Q4FY22 Numbers, EBIT Margin At 13.2% Vs 14.8% QoQ | ET Now
While revenue growth was in line with expectations, the margin performance missed street estimates due to one offs. Low utilization and supply issues impacted margins to the tune of 70 bps. EBIT Margin came at 13.2% vs 14.8% QoQ. Deal win was robust at 1.01 bn USD while attrition remained steady at 24%. Sequential revenue growth in USD terms at 4.9% and constant currency at 5.4%.
#TechMahindra #Q4FY22 #TechMahindraQ4Reuslts
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