Tech Mahindra Q2 sees revenue growth but profit slips 4.4%

Tech Mahindra posted Q2 FY26 revenue growth of 5.1% YoY to ₹13,995 crore, outperforming estimates aided by strength in banking and manufacturing verticals. However, net profit declined 4.44% to ₹1,194.5 crore year-on-year, impacted by currency headwinds and cost pressures. The company also announced an interim dividend. The combined performance reflects operational resilience in verticals despite macro headwinds and margin compression in key export markets. Source: Times of India / Reuters