Tech Mahindra's Q4 FY26 net profit rose 20.7 percent quarter-on-quarter to Rs 1,353.8 crore. A CNBC TV18 poll of analysts had estimated Tech Mahindra's fiscal fourth quarter net profit rising 34 percent sequentially to Rs 1,504 crore. The IT major's consolidated revenue from operations for the January-March quarter rose 4.7 percent to Rs 15,076.1 crore, beating the poll estimate of Rs 14,804 crore.

At the operating level, earnings before interest and tax (EBIT) came in at Rs 2,084 crore for the quarter, rising 10.2 percent sequentially and 48.3 percent year-on-year. EBIT margin improved to 13.8 percent. Profit after tax grew 16 percent on-year, while earnings per share stood at Rs 15.24.

The company also announced a final dividend of Rs 36 per equity share for FY26, taking the total dividend for the year to Rs 51 per share, including the interim payout.

On the business front, Tech Mahindra reported strong deal momentum. The company's quarterly deal wins remained above the $1 billion mark for consecutive quarters, reflecting improved client spending and conversion. The company said it secured multiple large, multi-year engagements across telecom, banking, manufacturing and energy verticals, including AI-led transformation and managed services deals.

Management highlighted an accelerating shift towards an AI-led operating model, with increased integration of AI across service lines and delivery platforms. The company said this is driving automation-led efficiencies and supporting its transition towards higher-margin offerings.


Operationally, total headcount stood at 1,47,623 at the end of the quarter, while attrition remained stable at 12.1 percent. Cash and cash equivalents stood at Rs 8,456 crore.

Tech Mahindra shares pared intraday loss after the results announcement, recovering as much as 7 percent from the day's low. It was trading at Rs 1,464 in the late afternoon, down 2.5 percent.