Tech Mahindra Ltd has reported its fastest quarterly growth in three years after winning big deals in Europe, in what is seen as a seasonally weak quarter for India’s IT industry.
Mahindra Group company’s revenue increased by 2.8% in the last three months ₹It stood at Rs 14,393 crore in the quarter ending December 31, 2026, according to an exchange filing on Friday (January 16, 2026). It is compared to ₹Analysts tracked by Bloomberg were expecting Rs 14,160.39 crore.
Tech Mahindra Q3 Results 2025-26 (Cons, QoQ)
- Revenue increased 2.8% ₹Rs 14,393 crore (estimate: ₹14,160.39 crores)
- EBIT increased by 11.3% ₹Rs 1,892 crore (estimate: ₹1,768.97 crores)
- EBIT margin up 100 bps to 13.1% (estimate: 12.49%)
- Net profit declined by 6.1% ₹Rs 1,122 crore (Estt: Rs 1,372.90 crore)
One basis point is one hundredth of one percentage point.
Company has reported lump sum costs ₹Rs 272 crore hit to its bottom line due to the implementation of India’s new labor codes.
Tech Mahindra shares rose 5.17% on Friday ₹1670.55 per share on the BSE, while the benchmark Sensex ended the day 0.23% higher at 83,570.35 points.