Tech Mahindra Reports 16% Year-on-Year Growth in Q4 Profit Amid Strong Deal Wins
Tech Mahindra Q4 PAT rises 16% YoY; deal wins surge
Business Standard
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Tech Mahindra's profit after tax for Q4 FY26 rose 16% year-on-year to ₹1,353.8 crore ($163 million USD), driven by robust deal momentum. Revenue increased by 12.6% to ₹15,076.1 crore ($1.8 billion USD), marking a strong finish for the fiscal year.
- 01Q4 FY26 profit after tax increased by 16% YoY to ₹1,353.8 crore.
- 02Revenue for Q4 FY26 reached ₹15,076.1 crore, up 12.6% YoY.
- 03New deal wins surged to $3,794 million, a 41.6% increase YoY.
- 04Full-year net profit rose to ₹4,810.9 crore, a 13.2% increase from FY25.
- 05Tech Mahindra's operational headcount decreased to 147,623.
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Tech Mahindra, a prominent global technology consulting company, reported a 16% increase in profit after tax for Q4 FY26, reaching ₹1,353.8 crore ($163 million USD) compared to ₹1,166.7 crore in the same quarter last year. Revenue also showed a strong performance, climbing 12.6% year-on-year to ₹15,076.1 crore ($1.8 billion USD). The company experienced significant deal momentum, with new deal wins totaling $3,794 million, marking a 41.6% increase year-on-year and representing the highest level in the last five years. For the full fiscal year, Tech Mahindra's consolidated net profit was ₹4,810.9 crore, up 13.2% from ₹4,253.0 crore in FY25, while total revenue rose 7.2% to ₹56,815.4 crore. Despite these positive results, the company's shares fell 1.89% to ₹1,472 during trading, reflecting market volatility.
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The company's growth in revenue and profit indicates a positive trend in the technology consulting sector, which could lead to increased hiring and investment in digital solutions.
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