Tech Mahindra Q4 Results 2026: Net profit rises 19% YoY to ₹1,356 crore; ₹36 per share dividend announced

Tech Mahindra Q4 results: IT major Tech Mahindra on Wednesday, 22 April, reported around 19% year-on-year (YoY) rise in its March quarter (Q4FY26) consolidated profit to ₹1,356 crore. In the same quarter last year, the company's profit was ₹1142 crore. Sequentially, or on a quarter-on-quarter (QoQ) basis, the company's profit rose by 21% from ₹1118 crore in Q3FY26.

Tech Mahindra'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 QoQ basis, the revenue advanced 5% from ₹14,393 crore in Q3FY26.

Tech Mahindra Dividend

It also recommended a final dividend of ₹36 per share.

“Recommended Final Dividend of Rs. 36/- per equity share of the face value of Rs. 5/- each (720%) for the financial year ended 31st March 2026, subject to the Members’ approval at the forthcoming Annual General Meeting (“AGM”) of the Company,” the company said in a filing.

The final dividend recommended is in addition to the interim dividend of ₹15/- per share on the face value of ₹5/- each, i.e. 300% paid by the company in November 2025. The total dividend for FY 2025-26, subject to approval of the final dividend, will be ₹51, i.e. 1020%.

The record date for entitlement of the final dividend, if approved by the shareholders, is Friday, 3 July 2026, added the firm.

Tech Mahindra Q4: Other Key Highlights

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. EBIT margin expanded to 13.8%. Earnings per share came in at ₹15.24.

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.

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