Tech Mahindra net profit rises 16%, sees strong deal wins and margins

Tech Mahindra reported a 16% year-on-year increase in consolidated net profit for the March quarter, supported by strong margin expansion and steady deal wins.

The Pune-headquartered IT services firm posted a net profit of Rs 1,354 crore for the fourth quarter of FY26, compared with around Rs 1,167 crore in the same period last year. Revenue from operations rose 12.6% year-on-year to Rs 15,076 crore in the quarter, while sequentially it increased 4.7%.