Financial Summary Q1 FY24

Other Financial Highlights CASH CONVERSION TREASURY OTHERS Free cash flow at $ 106 Mn, FCF to PAT conversion: Q1 FY24: 126%, Hedge book at $ 2,702 Mn compared to $ 2,335 Mn in Q4 FY23 USD/INR Q1 FY24 average exchange rate at 82.20 Tax rate at 27.6 % in Q1 FY24, compared to 26.2% in Q4 FY23 DSO @ 98 days Company Confidential | Copyright © 2023 Tech Mahindra. All rights reserved. 12

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