Integrated Filing — IndAS

General information about company
Scrip Code	532755
NSE Symbol	TECHM
MSEI Symbol	NOTLISTED
ISIN	INE669C01036
Name of company	TECH MAHINDRA LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	24-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	31-Mar-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	24-Apr-2025   14:00:00
End date and time of board meeting	24-Apr-2025   16:10:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	133840010000	529883000000
	Other income	1727000000	8554000000
	Total income	135567010000	538437000000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	73623000000	296238000000
(e)	Finance costs	853000000	3217000000
(f)	Depreciation, depletion and amortisation expense	4621000000	18529000000
(f)	Other Expenses
1	Subcontracting Expenses	13539000000	58377000000
2	Other Expenses	28004050000	105357000000
3	Impairment of Goodwill and Non Current Assets	273000000	273000000
	Total other expenses	41816050000	164007000000
	Total expenses	120913050000	481991000000
3	Total profit before exceptional items and tax	14653960000	56446000000
4	Exceptional items	-12000000	86000000
5	Total profit before tax	14641960000	56532000000
6	Tax expense
7	Current tax	4992000000	18996000000
8	Deferred tax	-1769000000	-4994000000
9	Total tax expenses	3223000000	14002000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	11418960000	42530000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	11418960000	42530000000
17	Other comprehensive income net of taxes	2060000000	2461000000
18	Total Comprehensive Income for the period	13478960000	44991000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	2026000000	2411000000
	Total profit or loss, attributable to non-controlling interests	34000000	34000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	4424000000	4424000000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	13.17	48
	Diluted earnings (loss) per share from continuing operations	13.15	47.91
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	13.17	48
	Diluted earnings (loss) per share from continuing and discontinued operations	13.15	47.91
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	23805000000
	Capital work-in-progress	206000000
	Investment property	340000000
	Goodwill	76993000000
	Other intangible assets	23491000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	539000000
	Non-current financial assets
	Non-current investments	2354000000
	Trade receivables, non-current	0
	Loans, non-current	108000000
	Other non-current financial assets	5374000000
	Total non-current financial assets	7836000000
	Deferred tax assets (net)	18573000000
	Other non-current assets	56370000000
	Total non-current assets	208153000000
2	Current assets
	Inventories	394000000
	Current financial asset
	Current investments	28928000000
	Trade receivables, current	115470000000
	Cash and cash equivalents	43185000000
	Bank balance other than cash and cash equivalents	2237000000
	Loans, current	0
	Other current financial assets	4123000000
	Total current financial assets	193943000000
	Current tax assets (net)	0
	Other current assets	42455000000
	Total current assets	236792000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	444945000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4424000000
	Other equity	269191000000
	Total equity attributable to owners of parent	273615000000
	Non controlling interest	4302000000
	Total equity	277917000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	11472000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	160000000
	Total non-current financial liabilities	11632000000
	Provisions, non-current	14027000000
	Deferred tax liabilities (net)	2279000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	12350000000
	Total non-current liabilities	40288000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	8780000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	44108000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	44108000000
	Other current financial liabilities	22845000000
	Total current financial liabilities	75733000000
	Other current liabilities	20527000000
	Provisions, current	12770000000
	Current tax liabilities (Net)	17710000000
	Deferred government grants, Current
	Total current liabilities	126740000000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	167028000000
	Total equity and liabilites	444945000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	IT	113275770000	444767090000
2	BPO	20564230000	85115900000
	Total Segment Revenue	133840000000	529882990000
	Less: Inter segment revenue	0	0
	Revenue from operations	133840000000	529882990000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	IT	22716440000	82708970000
2	BPO	2813470000	11923320000
	Total Profit before tax	25529910000	94632290000
	i. Finance cost	853000000	853000000
	ii. Other Unallocable Expenditure net off Unallocable income	10035000000	10035000000
	Profit before tax	14641910000	56531690000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	IT	174472060000	174472060000
2	BPO	33585930000	33585930000
	Total Segment Asset	208057990000	208057990000
	Un-allocable Assets	236887000000	236887000000
	Net Segment Asset	444944990000	444944990000
4	Segment Liabilities
	Segment Liabilities
1	IT	10892830000	10892830000
2	BPO	970160000	970160000
	Total Segment Liabilities	11862990000	11862990000
	Un-allocable Liabilities	155165000000	155165000000
	Net Segment Liabilities	167027990000	167027990000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of the Defined Benefit Liabilities - gain/(loss)	114000000	-23000000
	Total Amount of items that will not be reclassified to profit and loss	114000000	-23000000
2	Income tax relating to items that will not be reclassified to profit or loss	30000000	-3000000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences in translating the Financial Statements of Foreign Operations - gain/(loss) (net)	1295000000	3399000000
2	Effective portion of gains /(loss)on Designated Portion of Hedging Instruments in a Cash Flow Hedge (net)	956000000	-1116000000
	Total Amount of items that will be reclassified to profit and loss	2251000000	2283000000
4	Income tax relating to items that will be reclassified to profit or loss	275000000	-198000000
5	Total Other comprehensive income	2060000000	2461000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			56532000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			3217000000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-1260000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-5393000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			6298510000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-1492000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			18529000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			1823000000
	Adjustments for other financial liabilities, non-current			-1969000000
	Adjustments for unrealised foreign exchange losses gains			2220000000
	Adjustments for dividend income			0
	Adjustments for interest income			1966000000
	Adjustments for share-based payments			686000000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			86000000
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			273000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			20880510000
	Net cash flows from (used in) operations			77412510000
	Dividends received			-13000000
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			14744000000
	Other inflows (outflows) of cash			-4799000000
	Net cash flows from (used in) operating activities			57856510000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			1620000000
	Other cash receipts from sales of equity or debt instruments of other entities			238283000000
	Other cash payments to acquire equity or debt instruments of other entities			236284000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			5935000000
	Proceeds from sales of investment property			1106000000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1910000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2308000000
	Net cash flows from (used in) investing activities	-232000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			927000000
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			90000000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			-10426020000
	Repayments of borrowings			325000000
	Payments of lease liabilities			5350210000
	Dividends paid			38418000000
	Interest paid			2636000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-57992230000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-367720000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			81000000
	Net increase (decrease) in cash and cash equivalents			-286720000
	Cash and cash equivalents cash flow statement at beginning of period			43471000000
	Cash and cash equivalents cash flow statement at end of period			43184280000