Tech Mahindra Q2 results: Profit jumps 33%, announces Rs 15 dividend and 1:1 bonus issue
Indian IT giant Tech Mahindra posted strong numbers for Q2 FY27 as the company’s net profit and revenue reported double-digit growth, driven by strong order wins and expanding margins. The tech firm also declared an interim dividend of Rs 15 per share for the reporting quarter.
The company’s consolidated profit rose 32.7% year-on-year to Rs 1,585.6 crore against Rs 1,194.5 crore reported in the year-ago period. On a sequential basis, Tech Mahindra’s bottom line expanded 6.6% from Rs 1,486.3 crore reported in the trailing quarter.
