Tech Mahindra FY26 EBIT Surges 39% YoY, Announces Record ₹51 Dividend
Mumbai: Tech Mahindra, a leading global provider of technology consulting and digital solutions, reported strong financial performance for the financial year ended March 31, 2026, delivering robust growth in profitability and shareholder returns.
The company’s Earnings Before Interest and Tax (EBIT) increased 39.2% year-on-year to ₹7,152 crore, while revenue rose 7.2% to ₹56,815 crore. Net profit for the year stood at ₹4,811 crore, up 13.2% compared to the previous fiscal year.
In a key highlight for investors, Tech Mahindra declared a final dividend of ₹36 per share, taking the total dividend payout for FY26 to ₹51 per share—the highest in the company’s history.
Strong Quarterly Performance
For the fourth quarter, the company reported revenue of ₹15,076 crore, reflecting a 12.6% year-on-year increase. EBIT surged 48.3% to ₹2,084 crore, while Profit After Tax (PAT) rose 16% YoY to ₹1,354 crore, indicating improved operational efficiency and margin expansion.
AI-Led Transformation Driving Growth
Mohit Joshi, Chief Executive Officer and Managing Director, highlighted the company’s accelerating transition toward an AI-led organization. He stated that Tech Mahindra is embedding artificial intelligence across services and expanding its capabilities to enhance client value.
The company recorded strong deal momentum, with total contract value (TCV) of deal wins reaching $3.79 billion for the year, marking a 41.6% increase year-on-year.
Strategic Partnerships and Innovation
During the year, Tech Mahindra strengthened its innovation ecosystem through collaborations with global technology leaders such as Microsoft and NVIDIA to develop AI-powered platforms and advanced telecom solutions.
The company also launched new AI-driven offerings, including an education-focused large language model and telecom automation solutions, reinforcing its position in next-generation technologies.
Operational Highlights
Tech Mahindra’s total workforce stood at over 147,000 professionals across more than 90 countries. The company reported an attrition rate of 12.1% and maintained strong cash reserves of ₹8,456 crore at the end of the quarter.
Outlook
Rohit Anand, Chief Financial Officer, noted that FY26 marked the completion of the company’s stabilization phase, with margins expanding for ten consecutive quarters despite a challenging macroeconomic environment.
With continued focus on disciplined growth, large deal wins, and AI-led transformation, Tech Mahindra remains well-positioned to achieve its strategic goals for FY27.
About Tech Mahindra
Tech Mahindra offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 147,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies.