Income Statement (TTM)
Tech Mahindra Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 376,229 | 376,154 | 378,551 | 389,464 | 404,559 | 422,596 | 446,460 | 471,563 | 494,045 | 516,883 | 532,902 | 537,413 | 534,757 | 528,424 | 519,955 | 518,420 | 522,913 | 524,756 | 529,883 | 533,340 |
| Change (%) | -0.02 | 0.64 | 2.88 | 3.88 | 4.46 | 5.65 | 5.62 | 4.77 | 4.62 | 3.10 | 0.85 | -0.49 | -1.18 | -1.60 | -0.30 | 0.87 | 0.35 | 0.98 | 0.65 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 251,210 | 249,224 | 247,932 | 248,212 | 258,552 | 272,211 | 297,869 | 317,321 | 335,681 | 350,624 | 363,129 | 367,071 | 366,817 | 365,718 | 365,589 | 363,867 | 365,166 | 364,809 | 362,558 | 362,275 |
| Change (%) | -0.79 | -0.52 | 0.11 | 4.17 | 5.28 | 9.43 | 6.53 | 5.79 | 4.45 | 3.57 | 1.09 | -0.07 | -0.30 | -0.04 | -0.47 | 0.36 | -0.10 | -0.62 | -0.08 | |
| % of Revenue | 66.77 | 66.26 | 65.50 | 63.73 | 63.91 | 64.41 | 66.72 | 67.29 | 67.95 | 67.83 | 68.14 | 68.30 | 68.60 | 69.21 | 70.31 | 70.19 | 69.83 | 69.52 | 68.42 | 67.93 |
| Gross Operating Profit | 125,019 | 126,930 | 130,619 | 141,252 | 146,007 | 150,385 | 148,591 | 154,242 | 158,364 | 166,259 | 169,773 | 170,342 | 167,940 | 162,706 | 161,783 | 154,553 | 157,747 | 159,947 | 167,325 | 171,065 |
| Change (%) | 1.53 | 2.91 | 8.14 | 3.37 | 3.00 | -1.19 | 3.80 | 2.67 | 4.99 | 2.11 | 0.34 | -1.41 | -3.12 | -0.57 | -4.47 | 2.07 | 1.39 | 4.61 | 2.24 | |
| % of Revenue | 33.23 | 33.74 | 34.50 | 36.27 | 36.09 | 35.59 | 33.28 | 32.71 | 32.05 | 32.17 | 31.86 | 31.70 | 31.40 | 30.79 | 31.11 | 29.81 | 30.17 | 30.48 | 31.58 | 32.07 |
| SG&A | 4,657 | 4,657 | 3,641 | 3,641 | 3,641 | 3,641 | 2,832 | 2,832 | 2,832 | 2,832 | 4,505 | 4,505 | 4,505 | 4,505 | 5,676 | 5,676 | 5,676 | 5,676 | 3,506 | 3,506 |
| Change (%) | 0.00 | -21.82 | 0.00 | 0.00 | 0.00 | -22.22 | 0.00 | 0.00 | 0.00 | 59.07 | 0.00 | 0.00 | 0.00 | 25.99 | 0.00 | 0.00 | 0.00 | -38.23 | 0.00 | |
| % of Revenue | 1.24 | 1.24 | 0.96 | 0.93 | 0.90 | 0.86 | 0.63 | 0.60 | 0.57 | 0.55 | 0.85 | 0.84 | 0.84 | 0.85 | 1.09 | 1.09 | 1.09 | 1.08 | 0.66 | 0.66 |
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 332,070 | 328,409 | 324,251 | 328,884 | 340,770 | 357,199 | 381,049 | 407,571 | 431,651 | 455,009 | 471,877 | 481,508 | 487,710 | 490,806 | 488,481 | 484,513 | 482,268 | 477,639 | 478,238 | 477,947 |
| Change (%) | -1.10 | -1.27 | 1.43 | 3.61 | 4.82 | 6.68 | 6.96 | 5.91 | 5.41 | 3.71 | 2.04 | 1.29 | 0.63 | -0.47 | -0.81 | -0.46 | -0.96 | 0.13 | -0.06 | |
| % of Revenue | 88.26 | 87.31 | 85.66 | 84.45 | 84.23 | 84.52 | 85.35 | 86.43 | 87.37 | 88.03 | 88.55 | 89.60 | 91.20 | 92.88 | 93.95 | 93.46 | 92.23 | 91.02 | 90.25 | 89.61 |
| Operating Income | 44,159 | 47,745 | 54,300 | 60,580 | 63,789 | 65,397 | 65,411 | 63,992 | 62,394 | 61,874 | 61,025 | 55,905 | 47,047 | 37,618 | 31,798 | 33,907 | 40,645 | 47,117 | 51,645 | 55,393 |
| Change (%) | 8.12 | 13.73 | 11.57 | 5.30 | 2.52 | 0.02 | -2.17 | -2.50 | -0.83 | -1.37 | -8.39 | -15.84 | -20.04 | -15.47 | 6.63 | 19.87 | 15.92 | 9.61 | 7.26 | |
| % of Revenue | 11.74 | 12.69 | 14.34 | 15.55 | 15.77 | 15.48 | 14.65 | 13.57 | 12.63 | 11.97 | 11.45 | 10.40 | 8.80 | 7.12 | 6.12 | 6.54 | 7.77 | 8.98 | 9.75 | 10.39 |
| Interest Expense | -1,602 | -1,473 | -1,466 | -1,344 | -1,299 | -1,217 | -1,411 | -1,549 | -1,869 | -2,659 | -2,898 | -3,692 | -3,877 | -3,913 | -511 | -29 | -655 | -718 | ||
| Change (%) | -8.05 | -0.48 | -8.32 | -3.35 | -6.31 | 15.94 | 9.78 | 20.66 | 42.27 | 8.99 | 27.40 | 5.01 | 0.93 | -86.94 | -94.32 | 9.62 | ||||
| % of Revenue | -0.43 | -0.39 | -0.39 | -0.35 | -0.32 | -0.29 | -0.32 | -0.33 | -0.38 | -0.51 | -0.54 | -0.69 | -0.73 | -0.74 | -0.10 | -0.01 | -0.12 | -0.13 | ||
| Net Income | 39,867 | 41,506 | 44,280 | 48,089 | 50,830 | 51,417 | 55,661 | 53,445 | 52,912 | 52,193 | 48,313 | 43,922 | 36,007 | 28,145 | 23,578 | 25,168 | 32,730 | 37,458 | 42,515 | 45,406 |
| Change (%) | 4.11 | 6.68 | 8.60 | 5.70 | 1.15 | 8.25 | -3.98 | -1.00 | -1.36 | -7.43 | -9.09 | -18.02 | -21.83 | -16.23 | 6.74 | 30.05 | 14.45 | 13.50 | 6.80 | |
| % of Revenue | 10.60 | 11.03 | 11.70 | 12.35 | 12.56 | 12.17 | 12.47 | 11.33 | 10.71 | 10.10 | 9.07 | 8.17 | 6.73 | 5.33 | 4.53 | 4.85 | 6.26 | 7.14 | 8.02 | 8.51 |
Source: Capital IQ
