Below are the financial statements of Tech Mahindra, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 | 2024 |
|---|---|---|
| Revenue from operations | 529.88a | 519.96a |
| Other income | 8.55a | 9.17a |
| Total income | 538.44a | 529.12a |
| Expenses | — | — |
| Employee benefit expenses | -296.24a | -291.28a |
| Subcontracting expenses | -58.38a | -66.89a |
| Finance costs | -3.22a | -3.92a |
| Depreciation and amortisation expenses | -18.53a | -18.17a |
| Other expenses | -105.36a | -112.14a |
| Impairment of goodwill and non current assets | -0.27a | -4.58a |
| Total expenses | -481.99a | -496.99a |
| Share in profit / (loss) of associates / joint venture | 0.09a | 0.11a |
| Profit before tax | 56.53a | 32.24a |
| Less: tax expense | — | — |
| Current tax | -19a | -10.48a |
| Deferred tax | -4.99a | -2.2a |
| Total tax expense | -14a | -8.28a |
| Profit after tax | 42.53a | 23.97a |
| Profit for the year attributable to | 42.53a | 23.97a |
| Owners of the company | 42.52a | 23.58a |
| Non controlling interests | 0.02a | 0.39a |
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