Tech Mahindra announced its Q2 FY26 results, showcasing revenue of $1,586 Mn and an EBIT margin of 12.1%. The company highlighted significant deal wins totaling $816 Mn and ongoing investments in next-generation technologies like AI. Focus remains on driving operational efficiencies and enhancing shareholder value.
Financial Performance
Tech Mahindra reported a revenue of $1,586 Mn for Q2 FY26, a 1.4% increase QoQ. EBIT reached 12.1%, and the PAT margin stood at 8.5%. The company’s Free Cash Flow (FCF) was reported as $237 Mn.
Deal Wins & Strategic Highlights
New deal wins for the quarter amounted to $816 Mn. Key strategic highlights include the launch of TechM Orion, a next-generation AI platform, and recognition as a Leader in the 2025 Gartner® Emerging Market Quadrant for Generative AI Consulting and Implementation Services.
Business Segment Performance
From a geographical perspective, the Americas accounted for 49.8% of the revenue mix, while Europe contributed 25.4%. From a verticals perspective, Communications led with 32.7%.
Operational Metrics
The company’s cash conversion cycle stood at 94 days. Tech Mahindra continues to focus on improving operational efficiency and delivering value to its clients through innovation and strategic partnerships.
AI Innovation and Partnerships
Tech Mahindra is actively investing in Artificial Intelligence (AI) to drive future growth. Collaborations include partnerships with NVIDIA and AMD to accelerate enterprise AI adoption and hybrid cloud transformation. The company is also partnering with FintechOS and Athena to deliver AI-driven solutions across various sectors.
Workforce and Talent
The company has trained over 79,000 employees in AI, several with advanced training and certifications. Tech Mahindra continues to prioritize talent development and foster a culture of innovation.
Source: BSE
