Tech Mahindra FY19 revenue up 12.9 percent

Tech Mahindra has reported a revenue of Rs 34,742 crore, up 12.9 percent year-on-year (YoY) for FY19. EBITDA at Rs 6337 crore is up 34.6 percent YoY. Margins are at 18.2 percent, up 290 bps YoY. Profit after tax (PAT) at Rs 4298 crore is up 13.1 percent YoY. EPS was at Rs 48.5 for the year ended March 31, 2019. The board has proposed a dividend of Rs 14 per share on the FV of Rs 5 (280%). Free cash flow for FY19 is at Rs 3708 crore.