Tech Mahindra Q3 results: Net profit rises 14% at ₹1,122 cr, revenue up 8%

The company's revenue from operations grew 8.34 per cent year-on-year (Y-o-Y) to ₹14,393 crore from ₹13,285 crore in Q3FY25

Tech Mahindra on Friday reported a consolidated net profit of ₹1,122 crore in the thrid quarter of the financial year 2025-26 (Q3FY26), up 14 per cent from ₹983.2 crore during the same period last year. On a sequential basis, profit fell, 6.03 per cent from ₹1,194 crore. 

 

The company's revenue from operations, however, grew 8.34 per cent year-on-year (Y-o-Y) to ₹14,393 crore from ₹13,285 crore in Q3FY25. On a quarter-on-quarter (Q-o-Q) basis, revenue increased 2.85 per cent from ₹13,994 crore.

 

“Our deal wins on an LTM basis are the highest we have achieved in the past five years, reflecting an improved deal-win run-rate over the past several quarters. The momentum is a testament to our sustained investments in sales, solution-oriented go-to-market approach and the growing relevance of our AI-led offerings in addressing client needs," Mohit Joshi, CEO and Managing Director, Tech Mahindra, said.  The company also announced Diluted Earnings per share (EPS) at ₹12.64. 

“This quarter reflects a well-rounded financial performance, marked by ninth consecutive quarter of margin expansion and continued strength in cash generation. A sustained focus on working capital discipline has led to improved cash flows and a meaningful improvement in DSO, driven by consistent execution. We remain on track in our progress toward our FY27 goals,” Rohit Anand, Chief Financial Officer, Tech Mahindra, said.

 

Shares of Tech Mahindra closed at ₹1,672 apiece, up 83.50 or 5.26 per cent on the NSE on Friday.