Tech Mahindra Reports Q3 FY2026 Financial Results Amid AI Expansion
Tech Mahindra reported a revenue of ₹14,393 crores for Q3 FY2026, reflecting a 2.8% quarter-on-quarter and 8.3% year-on-year growth, with EBIT rising 40.1% year-on-year to ₹1,892 crores. The company secured new deals worth ₹1,096 crores, a 47% increase from the previous year, and expanded its AI initiatives through partnerships with Google and collaborations with The University of Texas at Dallas and Strangeworks. Tech Mahindra also received recognition as a Global Sustainability Leader and continued to maintain a workforce of 149,616 with an attrition rate of 12.3%.
Theia Market Signal Identification - AI Assisted
Tech Mahindra reported Q3 FY2026 financial results with revenue of ₹14,393 crores (USD 1,610 million), marking 2.8% QoQ and 8.3% YoY growth. EBIT reached ₹1,892 crores, up 40.1% YoY. The company secured new deals worth TCV of ₹1,096 crores, a 47% YoY increase.
Tech Mahindra partnered with Google for AI initiatives and launched i.GreenFinance for sustainable lending. The company signed MoUs with The University of Texas at Dallas and Strangeworks for AI and quantum computing projects, respectively.
Tech Mahindra's workforce is 149,616 with LTM attrition at 12.3%. The firm was recognized as a Global Sustainability Leader and received multiple industry awards.
Comments