The result was announced after market hours Monday, 21 May 2013.
Meanwhile, the BSE Sensex was up 65.62 points, or 0.33%, to 20,177.23.
On BSE, 45,000 shares were traded in the counter as against an average daily volume of 40,956 shares in the past one quarter.
The stock hit a high of Rs 971.90 and a low of Rs 958 so far during the day. The stock had hit a 52-week high of Rs 1123.80 on 4 March 2013. The stock had hit a 52-week low of Rs 604.90 on 23 May 2012.
The stock had underperformed the market over the past one month till 21 May 2013, falling 4.30% compared with the Sensex's 5.76% rise. The scrip had also underperformed the market in past one quarter, sliding 12.21% as against Sensex's 4.07% rise.
The large-cap company has an equity capital of Rs 128.40 crore. Face value per share is Rs 10.
Earnings before interest taxes depreciation and amortization (EBITDA) rose 1% to Rs 380 crore in Q4 March 2013 over Q3 December 2012.
Vineet Nayyar, Executive Vice Chairman of Tech Mahindra said, "I am satisfied that we have delivered profitable growth for FY13, with significant margin improvement. I am confident that with our deep domain expertise in Telecom and a full portfolio of offerings, we would be able to leverage our leadership position to deliver higher value, for all our stakeholders."
C P Gurnani, Managing Director of Tech Mahindra said, "We are optimistic about FY14, buoyed by our deal pipeline, business traction from recent acquisitions and leverage of business synergies with Mahindra Satyam. Our focus on non-linear growth alternatives like Platforms and Customer co-innovation continues to portend a steady future for us."
The company's board of directors recommended a dividend of Rs 5 per share for the year ended 31 March 2013.
As of 31 March 2013, the company's total debt stood at Rs 1,380 crore and cash and cash equivalent stood at Rs 710 crore.
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry, majority stake owned by Mahindra & Mahindra. The company serves telecom service providers, equipment manufacturers, software vendors and systems integrators.
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