Tech Mahindra (TECHM) reported its Q2 FY26 results, highlighted by a ₹15 per share interim dividend and new deal wins totaling USD 816 million. Revenue reached USD 1.586 billion, while EBIT stood at ₹1,699 Crores, a 32.7% YoY increase. The company also announced significant progress in its Al initiatives, with 79K+ employees trained in Al. Despite headwinds, the company is advancing autonomous operations.
Financial Performance
Tech Mahindra announced its Q2 FY26 financial results on October 14, 2025, showcasing moderate revenue growth alongside significant improvements in profitability. Key highlights include:
- Revenue: USD 1.586 billion (up 1.4% QoQ, down 0.2% YoY)
- EBIT: ₹1,699 Crores (up 32.7% YoY)
- PAT: USD 135 million (up 1.5% QoQ)
- New Deal Wins: USD 816 million (YoY growth of 35%)
Segment and Client Metrics
The company’s performance varied across different segments and geographical locations:
- Americas: Revenue increased by 2.6% QoQ
- Europe: Revenue decreased by 1.2% QoQ
- Communications: Revenue decreased by 2.0% QoQ
- Manufacturing: Revenue increased by 5.3% QoQ
- Total number of active clients is 520
Strategic Developments and Al Initiatives
Tech Mahindra emphasized its commitment to Al-driven solutions, noting that 79K+ employees have received Al training. The company launched TechM Orion, its next-generation agentic Al platform, as well as the TechM Orion Marketplace to accelerate autonomous transformation for enterprises.
New deal wins include major partnerships focused on Al-native operations and the transformation of network testing through automation, as well as wins for Al-driven and GenAl-based systems.
Dividend Announcement
The Board of Directors has declared an interim dividend of ₹15 per share.
Source: BSE