Tech Mahindra Net Profit Rises 32.7% in Second Quarter

Tech Mahindra reported a 32.74% increase in consolidated net profit to ₹1,585.6 crore for the July-September quarter of FY2026-27, rising from ₹1,194.5 crore in the same period last year. Revenue from operations grew 15.6% to ₹16,180.2 crore during the period.

The company secured new deal wins with a total contract value of $1,023 million, representing a 25.4% increase year-on-year. CEO Mohit Joshi noted that deal wins have exceeded $1 billion in each of the last four quarters, which he attributed to the strength of customer relationships and trust.

As the firm celebrates its 40th anniversary, it recorded a 7.2% year-on-year constant currency growth. Joshi stated that the company continues to sustain business momentum as it looks toward long-term value creation for stakeholders.