Tech Mahindra Share Price Gains Over 6% After Q2 FY27 Earnings Results: Total Income Up 15.2% YoY

On October 15, 2026, Tech Mahindra Limited reported its audited consolidated interim financial results for the quarter and six months ended September 30, 2026, as per the exchange filings.  

The company witnessed a 15.2% year-on-year increase in total income for the September 2026 quarter, reaching ₹16,172.80 crore. Net profit for the same period rose 34% year-on-year to ₹1,609.70 crore. 

Tech Mahindra Q2 FY27 Earnings Results 

In the September 2026 quarter, Tech Mahindra's total income increased to ₹16,172.80 crore from ₹14,034.90 crore in the same quarter of the previous year. This represents a 15.2% year-on-year growth. Compared to the June 2026 quarter, the total income rose by 3.6% from ₹15,605.50 crore. 

Net profit for the September 2026 quarter stood at ₹1,609.70 crore, marking a 34% year-on-year increase from ₹1,201.70 crore in the previous year. This also reflects an 8.3% increase from the June 2026 quarter's net profit of ₹1,486.30 crore. 

Half-Yearly Financial Performance 

For the half-year ended September 30, 2026, Tech Mahindra's total income rose 15.1% year-on-year to ₹31,778.30 crore from ₹27,604.40 crore in the corresponding period of the previous year. Net profit for the half-year period increased by 32.8% year-on-year to ₹3,096.00 crore from ₹2,330.50 crore. 

Board Meeting Highlights 

On October 15, 2026, Tech Mahindra's board approved the audited financial results for the quarter and half-year ended September 30, 2026.  

The board declared an interim dividend of ₹15 per equity share, with the record date set for October 23, 2026.  

Additionally, a 1:1 bonus equity share issue was recommended, alongside a proposal to increase the authorised share capital from ₹924.3 crore to ₹1,000 crore. 

Operational Performance 

Tech Mahindra's quarterly revenue reached $1,693 million, reflecting a 7.2% year-on-year growth in constant currency terms. The company secured new deal wins with a total contract value of $1,023 million, representing a 25.4% year-on-year increase in deal signatures. 

Read More: TCS Share Price Surges Over 2% After Launching Industrial Intelligence Foundry! 

Tech Mahindra Share Price Performance 

As of October 16, 2026, at 10:00 AM, Tech Mahindra share price on NSE was trading at ₹1,762.40, up by 6.81% from the previous closing price.  

Conclusion 

Tech Mahindra reported a 15.2% YoY increase in total income to ₹16,172.80 crore for Q2 2026, with net profit rising 34% YoY to ₹1,609.70 crore. The board declared an interim dividend and recommended a bonus share issue. 

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