Strong Profit Growth Tech Mahindra, the Pune‑based IT services firm, announced that its consolidated net profit for the July‑September quarter of FY2026‑27 jumped 32.74% to ₹1,585.6 cr. The figure compares with ₹1,194.5 cr earned in the same quarter a year earlier.
Revenue and Deal Wins Operating revenue rose 15.6% year‑on‑year to ₹16,180.2 cr, up from ₹13,994.9 cr in the prior year’s quarter. On a sequential basis, revenue grew 3%, while net profit increased 8%. Deal wins for the quarter totaled $1,023 million in total contract value, marking a 25.4% rise from the same period last year. CEO Mohit Joshi highlighted that “deal wins exceeding USD 1 billion in each of the last four quarters reflect the strength of our customer relationships and the trust we have built.”
Shareholder Returns For the first time since 2015, Tech Mahindra will issue bonus shares worth up to ₹4.9 bn. The company also declared an interim dividend of ₹15 per share, with a record date of 23 Oct 2026 and payment scheduled for 13 Nov 2026.
Looking Ahead Celebrating its 40th anniversary this quarter, the company expressed confidence in sustaining momentum. Joshi noted a 7.2% constant‑currency growth and reiterated a focus on long‑term value creation for stakeholders.
The announcement underscores Tech Mahindra’s continued ability to grow revenue, secure sizeable contract wins, and reward shareholders through dividends and bonus shares.
