Tech Mahindra Q2 Results: Shares Rise 7.46% as Profit Jumps 32.7%

Mumbai, October 16: Shares of Tech Mahindra Ltd rose 7.46% to ₹1,773.10 on Friday after the IT services company reported a 32.7% year-on-year increase in consolidated net profit for the September quarter, supported by revenue growth and improved operating margins.

Tech Mahindra Q2 Profit Rises 32.7%

Tech Mahindra reported consolidated net profit of ₹1,585.6 crore for Q2 FY27, compared with ₹1,194.5 crore in the corresponding quarter last year. Revenue from operations increased 15.6% year-on-year to ₹16,180 crore from ₹13,994.9 crore.

Earnings before interest and tax (EBIT) rose 40.5% to ₹2,387 crore. The EBIT margin expanded to 14.8%, up around 260 basis points from the year-ago quarter.

The company recorded new deal wins with a total contract value of $1.023 billion, marking the fourth consecutive quarter in which deal wins exceeded $1 billion.

Tech Mahindra Announces ₹15 Dividend and 1:1 Bonus Issue

Alongside its quarterly results, Tech Mahindra declared an interim dividend of ₹15 per equity share with a face value of ₹5. The record date is October 23, 2026, and payment is scheduled by November 13.

The board also approved a 1:1 bonus issue, under which eligible shareholders will receive one additional share for every share held. The company is expected to complete the bonus share issuance by December 15, 2026.

Stock Market Snapshot

The Tech Mahindra share price was trading 7.46% higher at ₹1,773.10 on Friday, October 16, 2026, compared with the previous close of ₹1,650.00. The stock opened at ₹1,712.00.

The stronger quarterly performance, margin improvement and continued billion-dollar deal wins supported investor sentiment. The dividend and bonus announcement also formed part of the company’s broader results-related updates.

About Tech Mahindra

Tech Mahindra Ltd is an Indian IT services and consulting company providing technology consulting, digital transformation, engineering and business process services to clients across industries worldwide.

Conclusion

Tech Mahindra’s Q2 FY27 results showed higher profit and revenue, improved operating margins and continued strong deal wins. Shares rose during Friday’s session as investors assessed the earnings performance, alongside the company’s dividend and bonus announcements.

Source:

• https://www.nseindia.com/get-quote/equity/TECHM/Tech-Mahindra-Limited
• https://nsearchives.nseindia.com/corporate/TECHM_15102026171024_Outcome_FINAL_Signed.pdf