Tech Mahindra Q4 earnings: Net profit rises 16% to ₹1,354 crore; company announces dividend of ₹36 per share

Tech Mahindra, the country's leading information technology (IT) company, on Wednesday, April 22, said that it earned a net profit of ₹1,354 crore in the fourth quarter of financial year 2025-26 (Q4FY26), marking an increase of 16% from ₹1,167 crore it earned in the same period last year. On a sequential basis, Tech Mahindra's net profit jumped 21% from ₹1,122 crore in the previous quarter.

The sharp uptick in profit came as the company closed financial year 2025-26 with the highest ever deal wins of $3,794 million in the last five years.

"Closed FY26 with the highest ever deal wins of $ 3,794 Mn in the last five years, reflecting stronger client confidence in Tech Mahindra’s transformation capabilities and solution-led go-to-market and Finished Q4 with the highest YoY constant currency growth in 3 years," Tech Mahindra said in a press release.

The company's revenue from operations in March advanced 13% to ₹15,076 crore from ₹13,384 crore in the year-ago period. In US dollar terms, Tech Mahindra clocked revenue of $6,385 million, registering an annual growth of 1.9% and 0.6% growth in constant currency terms.

On the operational front, Tech Mahindra's EBIT jumped 48% annually to ₹2,084 crore.

At the end of financial year 2025-26, the company had a total headcount of 1,47,623 employees with an attrition rate of 12.1%.

The company announced a final dividend of ₹36 per share.

Management commentary

“We are accelerating our transition to an AI-led organization, 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 $ 1 billion. We remain focused on scaling with discipline and are on track to delivering our FY27 commitments,” said Mohit Joshi, CEO and Managing Director, Tech Mahindra.

"FY26 marked the end of the Stabilization Phase of our transformation journey, with margins expanding for the 10th consecutive quarter despite a challenging macro environment. In line with our disciplined capital allocation framework and commitment to our shareholders, we increased the dividend by over 13%, taking total dividends declared for the year to ₹51 per share, our highest ever," said Rohit Anand, CFO, Tech Mahindra.

Tech Mahindra deal wins

The company won a large, multi-year AI-led transformation and outsourcing engagement with a major European telecommunications operator, spanning global customer support, quote-to-bill operations, and post-sales services.

Tech Mahindra was selected by a European retail bank as a strategic partner for managed services engagement.

A Fortune 500 energy company selected Tech Mahindra as the sole strategic partner to run and manage infrastructure, cloud, service desk, end-user computing, and allied services while driving measurable efficiency across the technology estate

A global public health alliance selected Tech Mahindra as a strategic partner for a managed services engagement.

Tech Mahindra shares staged a strong recovery after March quarter earnings announcement. The stock surged as much as 6.32% from its intraday low of ₹1,404 to ₹1,493.