Tech Mahindra
The company’s consolidated net profit, which includes which includes financials of erstwhile Satyam Computer, came in at Rs.614 crore, down 4% (YoY), while revenue for the quarter was at Rs.5058 crore, up 34% (YoY) and up 3% (QoQ). EBITDA for the quarter was at Rs.1072 crore, up 39% (YoY). In US dollar terms, on a revenue of US%825 million, net profit came in at $101 million.
For FY14, revenue came in at Rs.18831 crore, up 31% (YoY), EBITDA rose 37% at Rs.4184 crore and net profit was at Rs.3029 crore, up 55%. In dollar terms, revenue was at $3.09 billion and net profit at $498 million.
Total headcount for the year was at 89,441 wherein it added 6,333 professionals during the year. Software headcount stood at 60,997, BPO at 21,830 and Support at 6,614. The company’s debt as at 31st March 2014 was at Rs.363 crore and during the fiscal had repaid Rs.796 crore. Cash and Cash equivalent stood at Rs.3,599 crore. Active Client count was at 629 v/s 516 in FY13. For the current fiscal, the company hopes to hit the revenue target of $5 billion and was looking at large acquisitions to be able to meet this target.