Tech Mahindra Announces Strong Fiscal 2026 Results with Double-Digit Profit Growth

Tech Mahindra Limited has released its audited consolidated financial results for the fiscal year ended March 31, 2026, showcasing a year of steady revenue expansion and a significant climb in overall profitability. The company demonstrated resilience in its operational model, ending the year with robust comprehensive income and strengthened reserves.

Annual Revenue and Income Milestones

Tech Mahindra reported a solid performance for the full financial year 2025-26, with Revenue from Operations reaching Rs. 568,154 million, a notable increase from the Rs. 529,883 million recorded in the previous fiscal year. When accounting for other income, the Total Income for the year stood at Rs. 568,473 million.

The fourth quarter specifically showed strong momentum, with revenue hitting Rs. 150,761 million, marking a sequential growth over the December 2025 quarter and a year-over-year increase compared to the March 2025 period.

Profitability and Earnings Performance

The company's bottom line saw substantial improvement over the twelve-month period. Profit before tax rose to Rs. 65,731 million, up from Rs. 56,532 million in the prior year. After accounting for tax expenses of Rs. 17,676 million, the Profit After Tax (PAT) for the year reached Rs. 48,055 million.

Shareholders saw a direct benefit from this performance, as the company's Basic Earnings Per Share (EPS) climbed to Rs. 54.28, compared to Rs. 48.00 in the previous year. Diluted EPS followed a similar trajectory, finishing the year at Rs. 54.19.

The Total Comprehensive Income for the year, which includes gains from exchange differences in foreign operations and other reclassifiable items, saw a dramatic rise to Rs. 61,991 million, significantly outpacing the Rs. 44,991 million reported in FY 2024-25.

Expenditure and Operational Focus

Tech Mahindra continued to invest heavily in its global workforce and operational delivery. The primary cost drivers for the fiscal year included:

Human Capital: Employee benefits expense remained the largest expenditure at Rs. 304,788 million, reflecting the company's commitment to its talent base.

Subcontracting: To maintain agility in project delivery, subcontracting expenses rose to Rs. 60,997 million.

Operational Overhead: Other expenses were recorded at Rs. 112,028 million, while depreciation and amortisation accounted for Rs. 18,816 million.

Finance Costs: Interest and finance-related obligations were managed at Rs. 3,374 million for the year.

Shares of Tech Mahindra Limited was last trading in BSE at Rs. 1462.85 as compared to the previous close of Rs. 1500.35. The total number of shares traded during the day was 534610 in over 21444 trades.

The stock hit an intraday high of Rs. 1502.00 and intraday low of 1404.25. The net turnover during the day was Rs. 771640077.00.

Source : Equity Bulls

Keywords

TechMahindra INE669C01036 Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate