Debasis Mohapatra
Bengaluru, 17 Jan 2026
Tech Mahindra’s revenue showed 1.7% sequential improvement in third quarter of FY26 with sound new deal wins. The company also saw its largest vertical- Communication performing well during the quarter.
Here is a snapshot:
| Particulars | Q3FY26 | Rise/Fall YoY/QoQ |
| Revenue | $1.6 billion | 1.3% ↑ YoY (Constant Currency) 1.7% ↑ QoQ (Constant Currency) |
| Net Profit | $125 million | 8.3% ↑ YoY |
| EBIT Margin | 13.1% | 2.9% ↑ YoY 1% ↑ QoQ |
| New Deal Wins | $1.09 billion | 47% ↑ YoY |
| Total Employee count | 149,616 | 872 ↓ |
Vertical-wise Performance:
| Particular | Contribution to total revenue | Rise/Fall QoQ |
| Communications | 33.1% | 2.8% ↑ |
| Manufacturing | 18.3% | 2.2% ↑ |
| BFSI | 15.5% | 6.2% ↓ |
| Technology, Media and Entertainment | 13.2% | 3% ↑ |
