Enterprise -> Other
Released: 5th November 2012
Publisher: Tech Mahindra
Mumbai, India, November 5th, 2012 - Tech Mahindra, India’s sixth largest software exporter today announced its audited consolidated financial results for the second quarter ended September 30th, 2012.
Financial highlights for the Quarter (INR)
Financial highlights for the Quarter (USD)
Other Highlights for the quarter ended September 30, 2012
Vineet Nayyar, Executive Vice Chairman of Tech Mahindra said, “This has been an eventful quarter for us with some wins and key non organic initiatives. Our focus on expanding capabilities to service our customers better has helped us gain traction in the market place and deliver a robust performance. ”
C P Gurnani, Managing Director of Tech Mahindra said, “Tech Mahindra has delivered another stable quarter. Our key wins showcase the confidence our customers are reposing in us.. Our non organic growth journey has started well with two key additions to our portfolio. We continue with our focus on development of new platforms with our NMACS strategy as a key differentiator”
Awards and Recognitions
About Tech Mahindra
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra Limited, in partnership with British Telecommunications plc.
Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators worldwide and their proven delivery models, distinctive IT skills and decades of domain expertise enable clients to maximize returns on their IT investment. Tech Mahindra registered revenue of USD 1,156 million in the year ended March 31, 2012 and is ably supported by 40,700 + professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.
Tech Mahindra’s Development centers are ISO 9001:2008, ISO 27001:2005, ISO 20001:2005, BS 25999-2: 2007 certified. Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia. Tech Mahindra Ltd is part of the US $15.4 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group’s interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.
For more information on the financials, please refer to the fact sheet and the results advertisement on the investor section of the website: www.techmahindra.com or contact the following
Pathik Vakil, CFA (ICFAI)
+91 904 99 89902
Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
Kirsten Scott / Louise Potter
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01276 486 000
Published by: IT Analysis Communications Ltd.
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