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Tech Mahindra (Tech Mahindra) Pretax Margin % : 7.45% (As of Mar. 2024)


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What is Tech Mahindra Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tech Mahindra's Pre-Tax Income for the three months ended in Mar. 2024 was $115.52 Mil. Tech Mahindra's Revenue for the three months ended in Mar. 2024 was $1,550.36 Mil. Therefore, Tech Mahindra's pretax margin for the quarter that ended in Mar. 2024 was 7.45%.

The historical rank and industry rank for Tech Mahindra's Pretax Margin % or its related term are showing as below:

TCHQY' s Pretax Margin % Range Over the Past 10 Years
Min: 6.2   Med: 15.15   Max: 16.69
Current: 6.2


TCHQY's Pretax Margin % is ranked better than
61.03% of 2756 companies
in the Software industry
Industry Median: 2.555 vs TCHQY: 6.20

Tech Mahindra Pretax Margin % Historical Data

The historical data trend for Tech Mahindra's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tech Mahindra Pretax Margin % Chart

Tech Mahindra Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 15.73 16.69 12.10 6.20

Tech Mahindra Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.12 7.38 4.78 5.18 7.45

Competitive Comparison of Tech Mahindra's Pretax Margin %

For the Information Technology Services subindustry, Tech Mahindra's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tech Mahindra's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Tech Mahindra's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tech Mahindra's Pretax Margin % falls into.



Tech Mahindra Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tech Mahindra's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=388.382/6262.903
=6.20 %

Tech Mahindra's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=115.524/1550.359
=7.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tech Mahindra  (GREY:TCHQY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Tech Mahindra Pretax Margin % Related Terms

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Tech Mahindra (Tech Mahindra) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

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