Tech Mahindra Q3 results: Profit up 14% YoY to Rs 1,122 crore, revenue up 8%

IT giant Tech Mahindra on Friday reported that December consolidated profit after tax rose 14.1% year-on-year (year-on-year) to Rs 1,122 crore, while revenue rose 8.3% year-on-year to Rs 14,393 crore.In USD terms, revenues were 1.7% sequentially at constant exchange rates, while EBIT margin increased 100 basis points on a sequential basis to 13.1%. New deal […]

Tech Mahindra is on track to improve margins, but macro challenges remain

Shares of Tech Mahindra (TechM) have fallen nearly 10% in five trading sessions after the country’s fifth-largest IT exporter announced September quarter results on October 14. The ET Infotech index remained flat over the period. The company’s lackluster performance on the stock markets was despite better-than-expected financials for the quarter. The stock is under pressure […]

Tech Mahindra announces interim dividend of Rs 15 per share and sets October 21 as record date

Tier-1 IT services company Tech Mahindra on Tuesday declared an interim dividend of Rs 15 per equity share for the financial year 2025-26 and set Tuesday, October 21 as the record date for determining the members entitled to the interim dividend. The interim dividend was announced along with the company’s quarterly results in September, where […]