TECH MAHINDRA Q4 RESULTS 2024 DATE AND TIME: DIVIDEND ANNOUNCEMENT IN QUARTERLY EARNINGS OF IT SERVICES COMPANY - DETAILS

Tech Mahindra Q4 Results 2024 Date and Time: The earnings announcement season is on. Several companies are announcing their earnings for the fourth quarter ended March 31, 2024.Tech Mahindra, too, has declared the date and time of its earnings announcement for Q4 FY24. The company has also said that it might consider a dividend for its shareholders.

Tech Mahindra Q4 Results 2024 date and time

Computers - Software & Consulting Tech Mahindra in a regulatory filing on March 28, 2024, said its board of directors will meet on April 24 and April 25, 2024 to approve the financial results for the quarter ending March 2024.

“…Pursuant to the provisions of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimation is hereby given that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 24th April, 2024 and Thursday, 25th April, 2024, to inter-alia consider and approve, the Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter and financial year ending on 31st March, 2024,” Tech Mahindra said in the regulatory filing .

Tech Mahindra Dividend 2024

The computers and software consulting company said, in an exchange filing, that it has announced that its Board of Directors will consider and recommend dividend on equity shares of the Company.

“Pursuant to the provisions of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimation is hereby given that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 24th April, 2024 and Thursday, 255 the Recommendation of Final Dividend, if any, for the financial year ending on 31st March, 2024,” the company said via a regulatory filing.

A dividend is a corporate action by which companies reward their shareholders by paying them an amount on each share of the firm owned by them, as on the record date fixed by its board. It may be announced quarterly, or annually.

Tech Mahindra Q3 2024 Results

Tech Mahindra reported a 61 per cent year-on-year decline in its net profits in Q3FY24 to Rs 510.4 crore in the December 2023 quarter. The company posted a net profit of Rs 1,296.6 crore in the year-ago period. The revenue from operations declined year-on-year from Rs 13,734.6 crore in Q3FY23 to Rs 13,101.3 crore.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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2024-04-20T14:11:38Z dg43tfdfdgfd