Tech Mahindra (BOM:532755) Short-Term Capital Lease Obligation : ₹3,348 Mil (As of Mar. 2024)

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What is Tech Mahindra Short-Term Capital Lease Obligation?

Tech Mahindra's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3,348 Mil.

Tech Mahindra's quarterly Short-Term Capital Lease Obligation declined from Sep. 2023 (₹3,392 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹3,348 Mil).

Tech Mahindra's annual Short-Term Capital Lease Obligation increased from Mar. 2022 (₹3,167 Mil) to Mar. 2023 (₹3,717 Mil) but then declined from Mar. 2023 (₹3,717 Mil) to Mar. 2024 (₹3,348 Mil).

Tech Mahindra Short-Term Capital Lease Obligation Historical Data

The historical data trend for Tech Mahindra's Short-Term Capital Lease Obligation 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.

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Tech Mahindra Short-Term Capital Lease Obligation Chart

Tech Mahindra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Short-Term Capital Lease Obligation

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3,459.00

4,003.00

3,167.00

3,717.00

3,348.00

Tech Mahindra Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															3,717.00	-	3,392.00	-	3,348.00

Tech Mahindra Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Tech Mahindra Short-Term Capital Lease Obligation Related Terms

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Tech Mahindra (BOM:532755) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (BOM:532755) » Definitions » Short-Term Capital Lease Obligation

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TECHM:India

Address

Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057

Website

https://www.techmahindra.com

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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