# Tech Mahindra Q2 Net Profit Jumps 32.7% to ₹1,585.6 Crore on Strong Deal Wins

- URL: https://stocks.freetheai.org/news/tech-mahindra-q2-net-profit-jumps-32-7-to-1-585-6-crore-on-strong-deal-wins-86e454
- Published: 2026-10-15T12:12:39Z
- Category: earnings; sentiment: bullish; impact: high
- Symbols: [NSE:TECHM](https://stocks.freetheai.org/symbols/NSE-TECHM)
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Tech Mahindra Limited (NSE:TECHM) reported a 32.74% increase in consolidated net profit to ₹1,585.6 crore for the July-September quarter of FY2026-27, up from ₹1,194.5 crore in the same period last year. Revenue from operations grew 15.6% year-on-year to ₹16,180.2 crore. On a sequential basis, the Pune-based IT services firm expanded profit by 8% and revenue by 3%, while registering 7.2% year-on-year growth in constant currency terms. Shares of the company gained 4.75% to trade at 1,650 INR following the announcement.

The quarter's performance was bolstered by robust client demand and expanded contract bookings. Tech Mahindra secured $1,023 million in new deal total contract value during the quarter, representing a 25.4% increase compared to the previous year. Chief Executive Officer Mohit Joshi highlighted that new deal wins have surpassed $1 billion in each of the past four quarters, reinforcing client trust as the company marks its 40th anniversary.

Investors will track whether the technology services provider can sustain its contract momentum and maintain revenue growth amid broader global macroeconomic developments. Market participants will also monitor execution on newly secured large contracts and progress across key service verticals in upcoming quarters.

## Key points

- Consolidated net profit rose 32.74% year-on-year to ₹1,585.6 crore for Q2 FY2026-27.
- Revenue from operations increased 15.6% year-on-year to ₹16,180.2 crore.
- Total contract value for new deal wins reached $1,023 million, up 25.4% from a year earlier.
- Constant currency revenue grew 7.2% year-on-year, while sequential profit and revenue rose 8% and 3%.
- Tech Mahindra shares rose 4.75% today to 1,650 INR.

## Questions and answers

### What were Tech Mahindra's Q2 net profit and revenue figures?

Tech Mahindra reported a consolidated net profit of ₹1,585.6 crore for Q2 FY2026-27, a 32.74% increase from ₹1,194.5 crore in the year-ago period. Revenue from operations rose 15.6% to ₹16,180.2 crore.

### How much did Tech Mahindra win in new deals in Q2?

Tech Mahindra secured $1,023 million in total contract value for new deal wins in Q2 FY27, representing a 25.4% year-on-year increase.

### What was Tech Mahindra's constant currency growth rate in Q2?

Tech Mahindra reported year-on-year constant currency growth of 7.2% for the second quarter.