In Q4, Tech Mahindra recorded a net profit of ₹1,353.8 crore, up 16 per cent from ₹1,166.7 crore a year ago. On a sequential basis, profit was up 20.6 per cent.
Tech Mahindra reported a 16 per cent rise in Q4 FY26 net profit, while revenue grew 12.6 per cent year-on-year, though profit missed Bloomberg estimates
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
Q4FY26 company results: Firms including L&T Technology Services, Havells India, Tata Communications, and Bharat Coking Coal are also to release their January-March earnings today
Tech Mahindra Q4 results preview: Sequentially, the profit after tax (PAT) of Tech Mahindra is expected to rise 9 per cent from ₹1,336.42 crore in Q3FY26
IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance
Stocks to Watch today, March 18: Tata Steel, Tech Mahindra, Varun Beverages, Shree Cement, and Aurobindo Pharma are among the top stocks to watch today
IT services firms are pushing managers to deploy AI tools in client work to boost productivity, improve efficiency and drive revenue growth amid a prolonged demand slowdown
Tech Mahindra has denied social media claims that it plans large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration amid speculation of a 30,000 cut
IT services company Tech Mahindra on Monday strongly denied market speculations around a possible significant reduction in headcount. Given the speculation, Tech Mahindra said it finds it necessary to clarify that no such proposal is under consideration. The company cited calls and certain social media posts regarding a "market rumour" of a potential significant reduction in headcount. "The company has received calls and has noted certain social media posts regarding a market rumour of a potential significant reduction in headcount. "In view of the above speculation, the company on its own accord considers it necessary to clarify to the Stock Exchanges that no such proposal is under consideration and categorically denies any such market rumours," it added.
The strategy set by the new leadership three years ago at Tech Mahindra to sharpen the company's position for faster and sustainable growth is giving returns, which is getting reflected in improved operating margin and increase in large deals, a top official of the IT firm said. Tech Mahindra CEO & Managing Director Mohit Joshi told PTI that as the world is navigating through a tectonic shift towards a new era of enterprise intelligence led by AI empowered design and engineering, the company's focus is shifting from stabilisation to acceleration. The operating margin during the December 2025 quarter expanded by close to 100 basis points to 13.1 per cent, marking the ninth consecutive quarter of margin expansion for the company. Further, our commercial momentum has strengthened, with a 48 per cent increase, including large deal volumes over the past 12 months. This reinforces our belief that clients are responding positively to our sharper positioning, disciplined deal selection, .
Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher
India is ready to scale up to a USD 750 billion IT industry, driven by artificial intelligence (AI), innovation and companies that deeply understand customer needs, CP Gurnani, former CEO of Tech Mahindra, said on Wednesday. According to the NITI Aayog, the Indian technology services industry is estimated to grow from USD 265 billion this year to USD 750-850 billion by 2035. After stepping down in December 2023, Gurnani founded AIONOS with the vision of building a next-generation services company powered by AI and platform-based models. He believes India's IT industry can grow from USD 275-300 billion at present to USD 750 billion by 2035 but only through innovation, deep customer understanding, and outcome-driven business models. "India is ready for scale up. India is ready for USD 750 billion IT industry. Clearly, the answer lies in innovation. The answer lies in understanding what the customer wants," he said at the India AI Impact Summit 2026. He emphasised that the future of
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
Improved policy optics could encourage US enterprises to advance discretionary tech spending and GCC expansion, even though immediate revenue or margin acceleration for IT firms is unlikely.
Indian IT major Tech Mahindra on Monday made it to a list of organisations leading the real-world AI adoption, alongside global giants like AMD, Siemens and PepsiCo. Produced by the World Economic Forum in collaboration with Accenture, the report on MINDS (Meaningful, Intelligent, Novel Deployable Solutions) organisations listed 20 pioneers driving high-impact AI solutions in disease detection, energy optimization, supply-chain resilience and more. It analysed hundreds of cases in more than 30 countries and over 20 industries (including healthcare, energy and infrastructure). An independent Impact Council of leading executives and experts identified clear common patterns among the most promising cases. These included embedding AI into strategic decision-making, redesigning work to strengthen human-AI collaboration, strengthening data foundations, modernizing technology platforms and supporting all of this with responsible governance. Releasing the report during its annual meeting .
TechM's new deal wins for the quarter came in at $1.1 billion, up 47 per cent from $745 million last year. On a sequential basis, TCV was up 34 per cent.
As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models
Revenue for the quarter grew 8.3 per cent to Rs 14,393 crore. On a quarter-on-quarter basis, revenue was up 2.8 per cent
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