It Filing

Tech Mahindra Q4 results: Profit rises 16% to ₹1,353.8 cr, revenue up 12.6%

IT firm Tech Mahindra on Wednesday reported a 16 per cent growth in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26. The company had registered a consolidated net profit of Rs 1,166.7 crore in the same period of FY25. Its revenue from operations rose 12.6 per cent to Rs 15,076.1 crore in Q4 FY26 compared to Rs 13,384 crore in the year-ago period. On a sequential basis, profit and revenue rose 20.7 and 4.7 per cent, respectively. For the full fiscal year of 2025-26, Tech Mahindra's profit (attributable to owners of the company) climbed 13.15 per cent to Rs 4,810.9 crore from Rs 4,251.5 crore in FY25. In FY26, its revenue from operations increased 7.2 per cent to Rs 56,815.4 crore. "We are accelerating our transition to an AI-led organisation, embedding AI across services and expanding our capabilities to enhance value delivery for our clients. This is reflected in our highest deal wins in recent years, including consecutive quarters exceeding

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SSBA Innovations, which runs TaxBuddy, files Rs 105-cr IPO papers with Sebi

SSBA Innovations, which runs tax portal TaxBuddy, has filed preliminary papers with capital markets regulator Sebi to raise Rs 105 crore through an Initial Public Offering (IPO). The IPO is entirely a fresh issue of equity shares aggregating up to Rs 105 crore, according to the Draft Red Herring Prospectus (DRHP). Proceeds of the issue to the tune of Rs 65.45 crore will be used for funding user acquisition and business development, Rs 15.22 crore for technological development and balance amount towards general corporate purpose. The company is a technology-driven financial solutions and services platform focused on providing financial solutions in the area of tax planning and filing, personal investment advisory and wealth building to individuals, HUF, professionals, firms, and companies registered on its platforms. Incorporated in 2017, SSBA Innovations owns two platforms -- TaxBuddy and Finbingo. TaxBuddy was launched in October, 2019, that offers assisted tax (ITR and GST) plan

Top headlines: Bumper-to-bumper insurance, ITR filing dates to be extended

Business Standard brings the top headlines of the day

I-T portal glitches: FM asks Infosys to address all issues immediately

Sitharaman further urged Infosys to work on the new income-tax portal to make it more humane and user-friendly

FinMin, Infosys to meet on Tuesday, discuss glitches in new I-T portal

Several stakeholders have submitted written inputs highlighting the issues facing the portal as well as areas that need to be fixed

Income Tax return filing: Compulsory to declare cash deposit over Rs 1 cr

If travelling abroad, keep a copy of bank statement which has details of payments made for buying tickets and hotel expenses

Online platforms, CAs aren't responsible for wrong income-tax filing

Be ready for a long haul even if there are punching errors from these service providers

Cabinet selects Infosys to implement Rs 4,241 cr next gen IT-filings system

The move will help in bringing down the income tax return (ITR) processing time to one day and hence speed up refunds