Tech Mahindra Q4 results: Profit jumps 16% YoY, Rs 36/share dividend announced

Tech Mahindra closed FY26 with higher net and revenue, arsenic the IT services steadfast reported a nett net of Rs 4,810.9 crore for the year, marking a emergence of 13.15% taking the full to Rs 15,076 crore.

The company’s gross accrued 7.2% year-on-year to Rs 56,815.4 crore.Compared with the erstwhile quarter, gross was higher by 5%, portion EBIT grew 10.2% to Rs 2,084 crore. The institution exceeded analysts’ expectations, lifted by momentum successful its communications and manufacturing verticals, according to Reuters.The IT services steadfast posted a emergence of 16% year-on-year to Rs 1,354 crore successful its consolidated nett profit, for the 4th that ended successful March. The committee has cleared a last dividend of Rs 36 per stock for FY26. ET quoted the firm’s main fiscal serviceman Rohit Anand arsenic saying that the institution continued to travel a disciplined attack to superior allocation and lifted its full dividend for the twelvemonth by much than 13% to Rs 51 per share, the highest it has declared truthful far.According to the management, the fiscal twelvemonth marked the decision of a stabilisation phase, with margins improving for the tenth consecutive 4th contempt a challenging macro environment.

The institution is besides advancing its displacement towards an artificial intelligence-driven model. CEO Mohit Joshi said, “We are accelerating our modulation to an AI-led organisation, embedding AI crossed services and expanding our capabilities to heighten worth transportation for our clients. This is reflected successful our highest woody wins successful caller years, including consecutive quarters exceeding $1 billion. We stay focused connected scaling with subject and are connected way to present our FY27 commitments.”