Mumbai, April,
2026.
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and
digital solutions to enterprises across industries announced the audited
consolidated financial results for the quarter and year ended March 31, 2026.
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Financial highlights for the year (USD) |
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·
Revenue USD 6,385Mn o up1.9% YoY in reported terms o up0.6% YoY in constant currency terms ·
EBIT $ 797 Mn, up 31.4% YoY ·
EBIT margin 12.6%,up 290 bps YoY ·
PAT $ 537 Mn, up 7.0% YoY ·
Free cash flow USD 616Mn ·
New deal wins TCV USD $3,794 Mn, up 41.6% YoY |
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Financial highlights for the quarter (USD) |
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·
Revenue USD 1,625Mn o up0.9% QoQ, up4.9% YoY in reported terms o up0.6% QoQ,up2.4% YoY in constant currency
terms ·
EBIT USD 223Mn, up 5.5% QoQ, up 36.3% YoY ·
EBIT Margin 13.8%, up ~70 bps QoQ, up ~330 bps YoY ·
Profit After Tax (PAT) USD 145 Mn, up 6.7% YoY ·
Reported Profit After Tax (PAT) Margin 9.0%, up 30 bpsYoY ·
New deal wins TCV USD 1,073mn; up 34.5% YoY and down 2.1% QoQ
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Financial highlights for the quarter (₹) |
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·
Revenue ₹ 15,076
crores, up4.7% QoQ, up 12.6% YoY ·
EBIT ₹ 2,084
crores, up 10.2% QoQ, up 48.3% YoY ·
Profit After Tax (PAT)₹ 1,354 crores, up 16.0% YoY ·
Diluted Earnings
per share (EPS) at ₹ 15.24 |
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·
Total
headcount at 147,623; down1,108YoY ·
LTM IT
attrition at 12.1% ·
Days of Sales
Outstanding 89days ·
Cash and Cash
Equivalent at the end of the quarter ₹ 8,456 crores |
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Mohit
Joshi, CEO and Managing
Director, Tech Mahindra,said,“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.”
Rohit Anand, Chief Financial
Officer, Tech Mahindra, said,“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.”
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