Tech Mahindra Limited — Investor Meet, 17-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Tech Mahindra reported Q2 FY26 revenue of $1,586 million (1.6% sequential constant currency growth, 0.3% YoY constant currency decline) and an EBIT margin of 12.1% (up 108 bps QoQ), marking 8 consecutive quarters of expansion. PAT reached $135 million, up 28.2% YoY (excluding exceptional items). Management noted broad-based growth and consistent progress towards FY'27 goals. New deal wins totaled $816 million, reflecting a 57% increase on a last 12 months’ basis. The company is actively investing in AI (Orion platform, India AI mission) and strengthening client relationships, with an optimistic H2 outlook for improved performance driven by operational efficiencies.