Tech Mahindra Reports 19% Surge in Q4 Net Profit to ₹1,356 Crore, Declares ₹36 Dividend Per Share
Tech Mahindra Posts 19% YoY Rise in Q4 Profit
Tech Mahindra, a leading IT major, reported a 19% year-on-year (YoY) rise in its March quarter (Q4FY26) consolidated profit to ₹1,356 crore on Wednesday, 22 April. This marks a significant increase from the ₹1142 crore profit recorded in the same quarter last year.
The company's consolidated revenue from operations for the quarter under review grew by 12.6% YoY to ₹15,076 crore from ₹13,384 crore in Q4FY25. On a quarter-on-quarter (QoQ) basis, revenue advanced 5% from ₹14,393 crore in Q3FY26.
| Quarter | Revenue (₹ crore) | YoY Growth |
|---|---|---|
| Q4FY25 | 13,384 | - |
| Q3FY26 | 14,393 | 7.3% |
| Q4FY26 | 15,076 | 12.6% |
In addition to the revenue growth, Tech Mahindra also recommended a final dividend of ₹36 per share, which is in addition to the interim dividend of ₹15 per equity share paid in November 2025. If approved, the total dividend for FY 2025-26 will be ₹51 per equity share.
At the operating level, Tech Mahindra reported an EBIT of ₹2,084 crore for the quarter, registering a 10.2% sequential rise and a sharp 48.3% YoY growth. The EBIT margin expanded to 13.8%, while profit after tax increased 16% YoY.
On the business front, the company maintained strong deal momentum, with quarterly deal wins continuing to exceed the $1 billion mark for successive quarters. This reflects improving client spending and better deal conversion. The company secured several large, multi-year contracts across telecom, BFSI, manufacturing, and energy segments, including AI-led transformation and managed services deals.
Management highlighted a growing shift towards an AI-driven operating model, with deeper integration of AI across service lines and delivery platforms. This transition is helping drive automation-led efficiencies and supporting a move towards higher-margin offerings.
From an operational standpoint, total headcount stood at 1,47,623 at the end of the quarter, while attrition remained stable at 12.1%. Cash and cash equivalents were reported at ₹8,456 crore.
The IT stock recovered from intraday losses following the results announcement, rebounding as much as 7% from the day's low. It was last trading at ₹1,464, still down 2.5% in late afternoon trade.
Investor Takeaway
Investors should consider Tech Mahindra's strong Q4 results and dividend declaration as a positive sign for the company's future performance.
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