Tech Mahindra announced its Q2 FY26 results, reporting a revenue of $1.586 billion and declaring an interim dividend of ₹15 per share. The company’s EBIT stood at $192 million with a margin of 12.1%. New deal wins reached $816 million, reflecting a 35% year-over-year growth. The company is focused on AI-driven solutions and sustained operational efficiency.
Financial Performance Highlights
Tech Mahindra (NSE: TECHM) has released its Q2 FY26 financial results, showcasing the following key metrics:
- Revenue: $1.586 billion
- EBIT: $192 million
- EBIT Margin: 12.1%
- PAT: $135 million
In INR terms, revenue reached ₹13,995 crores. The Board has declared an interim dividend of ₹15 per share.
New Deal Wins and Business Updates
New deal wins for the quarter totaled $816 million, marking a significant 35% year-over-year increase. Tech Mahindra is focusing on next-generation AI capabilities. Tech Mahindra launched TechM Orion, a Next-Gen agentic Al platform, and TechM Orion Marketplace.
The company trained 79k+ employees across the company in AI.
Client and Employee Metrics
- Number of $50 million+ clients at 26
- Number of $20 million+ clients at 63
The company’s IT headcount stands at 78,528. IT LTM attrition is at 12.8%.
Leadership Commentary
Mohit Joshi, CEO and Managing Director, emphasized the strength of the company’s strategy and execution, highlighting AI advancements. Rohit Anand, Chief Financial Officer, noted margin expansion and deal conversions.
Source: BSE