Q2 Result: Tech Mahindra's Net Profit Surges 5%, Declares Rs 15 Per Share Dividend

Tech Mahindra Q2 Result: The Pune-headquartered IT major posted a 5% surge in net profit to hit the Rs 1,195 crore mark in Q2 FY26.

The Mahindra Group's IT arm posted a revenue of Rs 13,995 crore, as a result of winning deals of BFSI, retail and communications. Meanwhile, the company's Ebit was up by 15% to Rs 1,699.30 crore as against Rs 1,477.10 crore.

On the other hand, the company's profit after tax (PAT) declined 9.6% to USD 187 million in Q2 FY26 as compared to the year-ago period.

It's IT vertical's revenue rose up 1.0% quarter-on-quarter (QoQ); and the BPS segment was 3.2% higher QoQ.

Tech Mahindra Dividend

The company also announced a dividend of Rs 15 apiece in Q2 FY26. It has fixed October 21 as the record date for determining the members eligible to receive the interim dividend. 

As per the BSE exchange filing, “The Interim Dividend shall be paid through permitted modes, on or before Wednesday, 12th November, 2025, to the equity shareholders of the Company whose names appear in the Register of Members of the Company or in list of beneficial owners as at the end of business hours of 21st October, 2025.”

Tech Mahindra CFO Rohit Anand said, “This quarter marks the eighth consecutive period of margin expansion, driven by operational efficiency and disciplined execution. Our deal TCV is up 57% year-on-year on LTM basis, supported by strong deal conversions. The Board has approved a dividend of ₹15 per share reflecting our continued focus on shareholder value.”

Speaking about the company's Q2 metrics, Mohit Joshi, CEO and MD at Tech Mahindra said, “We delivered broad-based growth this quarter, reflecting the strength of our strategy and execution.” 

On the key strategic decisions undertaken by the company in the quarter ended September, the global service and system integrator has been selected by a top European telecom operator as a strategic partner to bolster its enterprise-wide Autonomous Operations journey. It has also locked a pact to spearhead the enterprise application transformation of a major semiconductor equipment manufacturer.