Tech Mahindra Ltd.’s profit for the July-September period rose 5% on a sequential basis, missing analysts’ estimates.
The software services provider’s bottom line stood at Rs 1,194.5 crore during the second quarter of the financial year ending March 2026, compared to Rs 1,140 crore clocked in the preceding quarter, according to its notification to the exchanges on Tuesday. Analysts tracked by Bloomberg had pegged the profit at Rs 1,285 crore.
Revenue for the current quarter rose 4.8% to Rs 13,995 crore, against a relatively flat top line at Rs 13,351 crore for the quarter ended June. Bloomberg analysts had estimated a revenue of Rs 13,351 crore.
Earnings before interest and tax rose 15% to Rs 1,699.3 crore against Rs 1,477.1 crore in the previous quarter, while margin expanded to Rs 12.1% sequentially.
Tech Mahindra Q2 FY26 Highlights (Consolidated, QoQ)
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Revenue up 4.8% to Rs 13,994.90 crore versus Rs 13,351.20 crore
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Net profit up 5% to Rs 1,194.50 crore versus Rs 1,140.60 crore
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EBIT up 15% to Rs 1,699.30 crore versus Rs 1,477.10 crore
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Margin at 12.1% versus 11.1%
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