Tech Mahindra delivered a robust performance for FY26, reporting a consolidated revenue of ₹56,815 crore, a 7.2% YoY growth. The company achieved its highest-ever deal wins at $3,794 million, bolstered by AI-led transformation projects. Shareholders will receive a final dividend of ₹36 per equity share, bringing the total dividend for the year to ₹51 per share, the company’s highest ever.
FY26 Financial Highlights
The company demonstrated strong financial growth for the full fiscal year ended March 31, 2026. Consolidated EBIT rose by 39.2% YoY to ₹7,152 crore, while the Profit After Tax (PAT) climbed 13.2% to ₹4,811 crore. These results reflect the successful conclusion of the company’s stabilization phase and the expansion of margins for the 10th consecutive quarter.
Dividend Announcement
Following a strong year, the Board of Directors has recommended a final dividend of ₹36 per equity share, representing a 720% payout on the face value of ₹5 each. When combined with the interim dividend of ₹15 per share paid in November 2025, the total dividend for the year reaches ₹51 per share. The record date for the final dividend is July 3, 2026, subject to approval at the upcoming Annual General Meeting on July 17, 2026.
Strategic AI and Transformation Success
Tech Mahindra’s strategy of becoming an AI-led organization has yielded significant results, with record-breaking deal wins totaling $3,794 million for the year. Key growth drivers included:
- AI Innovation: Launch of an education-focused LLM at the India AI Impact Summit and the development of IndusLLM as a template for sovereign AI.
- Major Engagements: Secured large, multi-year AI-led transformation contracts with major global players, including a prominent European telecommunications operator and a North American automotive OEM.
- Technology Partnerships: Collaborated with industry leaders such as Microsoft, NVIDIA, Fortinet, and FICO to embed AI-powered solutions, cybersecurity, and advanced analytics into enterprise operations.
Operational Performance
The company continues to optimize its service delivery with 80% of its global workforce now AI-enabled. Despite a challenging global environment, the company maintained a healthy LTM IT attrition rate of 12.1%, demonstrating resilience in its human capital management and operational focus.
Source: BSE
