Tech Mahindra delivered a robust start to FY27, reporting solid growth across revenue, profitability, and deal momentum for the quarter ended June 30, 2026. The company’s consolidated financial results highlight strengthening demand for digital transformation, AI‑led modernization, and engineering services across global markets.
Revenue for the quarter reached USD 1,660 million, rising 2.2% quarter‑on‑quarter and 6.1% year‑on‑year in reported terms. In constant currency, revenue grew 2.6% QoQ and 6.6% YoY, reflecting broad‑based traction across verticals. Operating profit also improved significantly, with EBIT climbing to USD 238 million, up 7.1% QoQ and 38.6% YoY, supported by margin expansion and disciplined cost management. EBIT margin stood at 14.4%, an improvement of approximately 60 bps QoQ and 330 bps YoY.
Profit after tax rose to USD 154 million, marking a 16.2% YoY increase, while free cash flow reached USD 167 million, underscoring strong operational execution. Deal momentum remained a standout, with new deal wins totaling USD 1,078 million, up 33.3% YoY, marking the third consecutive quarter of wins exceeding USD 1 billion.
CEO Mohit Joshi said the company’s “three consecutive quarters of deal wins exceeding USD 1 billion underscores the resilience of our business and the growing relevance of our offerings.”
CFO Rohit Anand added that Tech Mahindra delivered “broad‑based growth, margin expansion, and disciplined working capital management,” reaffirming its focus on operational rigor and investments in sovereign AI, platforms, and talent.
Tech Mahindra also announced multiple strategic partnerships across telecom, cloud, cybersecurity, and AI, alongside industry recognitions from TIME, ISG, Frost & Sullivan, and IDC—reinforcing its position as a global technology leader.
