Tech Mahindra's Q3 FY 2025-26 Quarterly Results
- 2d ago
Result Summary
- Tech Mahindra Ltd reported a 2.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.0%.
- Its expenses for the quarter were up by 1.8% QoQ and 4.9% YoY.
- The net profit decreased 6.9% QoQ and increased 13.1% YoY.
- The earnings per share (EPS) of Tech Mahindra Ltd stood at 12.64 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 14371.50 | 14034.90 | 13302.10 | 2.4% | 8.0% |
Total Expenses | 12594.90 | 12372.80 | 12011.30 | 1.8% | 4.9% |
Profit Before Tax | 1504.20 | 1662.10 | 1290.80 | -9.5% | 16.5% |
Tax | 386.50 | 457.60 | 308.60 | -15.5% | 25.2% |
Profit After Tax | 1118.60 | 1201.70 | 988.80 | -6.9% | 13.1% |
Earnings Per Share | 12.64 | 13.46 | 11.08 | -6.1% | 14.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Tech Mahindra Ltd is a leading provider of IT services and solutions, primarily focused on offering a range of services including IT consulting, application development, and business process outsourcing. As part of the Mahindra Group, Tech Mahindra serves clients across various sectors such as telecommunications, manufacturing, and financial services, among others. The company is recognized for its expertise in digital transformation, leveraging technologies like artificial intelligence, machine learning, and cloud computing to drive innovation and efficiency for its clients. Recent developments for Tech Mahindra may include strategic partnerships, acquisitions, or initiatives to expand its service offerings, although specific recent events are not detailed in the provided data.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Tech Mahindra Ltd reported a total income of ₹14,371.50 crores. This represents a quarter-over-quarter (QoQ) increase of 2.4% from ₹14,034.90 crores in the second quarter of fiscal year 2026 (Q2FY26). On a year-over-year (YoY) basis, there was an 8.0% increase from ₹13,302.10 crores in the third quarter of fiscal year 2025 (Q3FY25). Such growth in total income indicates a positive trajectory in terms of revenue generation for the company over both the previous quarter and the same quarter last year.
Profitability
Tech Mahindra's profitability metrics for Q3FY26 reflect a mixed performance. The company recorded a profit before tax of ₹1,504.20 crores, which is a decrease of 9.5% from ₹1,662.10 crores in Q2FY26. However, when compared to Q3FY25, there is a 16.5% increase from ₹1,290.80 crores. The profit after tax for Q3FY26 is ₹1,118.60 crores, down by 6.9% from ₹1,201.70 crores in Q2FY26, but up by 13.1% from ₹988.80 crores in Q3FY25. The earnings per share for Q3FY26 is ₹12.64, reflecting a 6.1% decrease from Q2FY26, but a 14.1% increase from Q3FY25. These figures suggest a strong year-over-year growth in profitability, albeit with a slight decline on a quarter-over-quarter basis.
Operating Metrics
Total expenses for Tech Mahindra in Q3FY26 amounted to ₹12,594.90 crores, marking a 1.8% increase from ₹12,372.80 crores in Q2FY26, and a 4.9% rise from ₹12,011.30 crores in Q3FY25. The tax expense for the quarter decreased by 15.5% QoQ from ₹457.60 crores to ₹386.50 crores, yet increased by 25.2% YoY from ₹308.60 crores. These operating metrics provide insights into the company's cost management and taxation expenses, which have implications for its overall financial health and operational efficiency.