IT services major Tech Mahindra has reported a strong performance for the second quarter of the financial year 2026-27, with consolidated Profit After Tax (PAT) jumping 24 per cent quarter-on-quarter (QoQ) to Rs 1,817 crore. The quarterly figures surpassed ET NOW poll estimate of Rs 1,647 crore
The company’s revenue from operations was up 2.98 per cent QoQ to Rs 16,180 crore compared to Rs 15,712 crore in the previous quarter. ET Now poll estimated revenue at Rs 16,025 crore.
EBIT expanded 5.4 per cent QoQ to Rs 2,387 crore from Rs 2,264 crore in Q1 FY27, ahead of the Rs 2,323 crore estimate. EBIT margin improved by 30 basis points QoQ to 14.7 per cent compared to 14.4 per cent in the sequential quarter and an expected 14.5 per cent.