Debasis Mohapatra
Bengaluru, 22 April 2026
Tech Mahindra reported a net profit of Rs 1,354 crore in Q4 of FY26, an increase of 16% over the same period of last financial year.
The company’s revenue was at Rs 15,076 crore, up 12.6% over a year ago period. In dollar term, revenue was at $1.62 billion, an increase of 0.6% in constant currency basis sequentially.
Tech Mahindra’s EBIT margin was at 13.8%, an increase of 70 basis points over the previous quarter. New deal wins were at $1.07 billion, up 34.5% YoY basis.
In FY26, revenue in dollar term was at $6.38 billion, an increase of 0.6% per cent in constant currency term over the same period of last fiscal year.
New deal wins for FY26 came at $3.79 billion, up 41.6% over a year ago period.
Vertical Performance:
| Particulars | Contribution of Revenue | YoY Rise/Fall |
| Communications | 33.3% | 2.6% ↑ |
| Manufacturing | 18% | 5.9% ↑ |
| BFSI | 16.3% | 3.7% ↑ |
| Technology, Media and Entertainment | 13.3% | 2.7% ↓ |
| Retail, Logistics and Transport | 8.3% | 7.3% ↓ |
| Healthcare and Lifesciences | 7.3% | 0.6% ↓ |
Client Concentration:
| Particulars | Contribution of Revenue during Q4FY26 |
| Top 5 Clients | 14.9% |
| Top 10 Clients | 24.3% |
| Top 20 Clients | 38% |
Headcount:
The company’s total headcount was at 75,377 by the end of March quarter of FY26, a decline of 817 over the previous quarter. The headcount fell by 5,232 people.
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