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Tech Mahindra Q3 FY26 Results: Profit Declines, Invests ₹37.5 Lakhs in NDET

Tech Mahindra Limited

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January 16, 2026, 10:27 AM

Tech Mahindra reported Q3 FY26 consolidated profit after tax of ₹11,186 crore. The company invested ₹37.5 lakhs in NDET, increasing its stake to 49.35%, with completion by March 31, 2026. An exceptional item of ₹2,724 crore was recognized due to New Labour Codes.

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Tech Mahindra Limited announced its audited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on January 16, 2026. The company also approved an additional investment of ₹37.5 lakhs in New Democratic Electoral Trust (NDET), increasing Tech Mahindra's shareholding in NDET from 19.83% to 49.35%, making NDET an associate of the company. This transaction is expected to be completed by March 31, 2026.

The company reported consolidated revenue from operations of ₹143,932 crore for Q3 FY26. Profit before tax stood at ₹15,051 crore, and profit after tax was ₹11,186 crore. For the nine months ended December 31, 2025, consolidated profit after tax was ₹34,491 crore.

Standalone results for Q3 FY26 showed revenue from operations at ₹123,083 crore. Profit before tax was ₹12,607 crore, and profit after tax was ₹9,638 crore. For the nine months ended December 31, 2025, standalone profit after tax was ₹33,180 crore.

An exceptional item of ₹2,724 crore was recognized in consolidated results related to the incremental impact of the New Labour Codes on Employee Benefit Obligations. In standalone results, an exceptional item of ₹2,452 crore was recognized for the same reason.

The Board meeting commenced at 10:00 a.m. IST and concluded at 3:35 p.m. IST on January 16, 2026.

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