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Tech Mahindra Q3 FY26 Results: Profit Declines, Invests ₹37.5 Lakhs in NDET
Tech Mahindra Limited
January 16, 2026, 10:35 AM
Tech Mahindra reported Q3 FY26 consolidated profit after tax of ₹1118.6 crore, down from ₹1201.7 crore YoY. Standalone profit after tax was ₹963.8 crore, down from ₹1175.7 crore. Consolidated revenue rose to ₹14,393.2 crore. The company invested ₹37.5 lakhs in NDET, increasing its stake to 49.35%.
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Tech Mahindra Limited announced its audited financial results for the third quarter and nine months ended December 31, 2025, following a Board Meeting held on January 16, 2026.
For the third quarter, consolidated profit after tax stood at ₹1118.6 crore (₹11.186 billion), a decrease from ₹1201.7 crore (₹12.017 billion) in the same period last year. Standalone profit after tax for the quarter was ₹963.8 crore, down from ₹1175.7 crore in the prior year.
Consolidated revenue from operations for the quarter was ₹14,393.2 crore, an increase from ₹13,285.6 crore in the corresponding quarter of the previous year. Standalone revenue from operations grew to ₹12,308.3 crore from ₹11,176.2 crore.
The company also approved an additional investment of ₹37.5 lakhs in New Democratic Electoral Trust (NDET), increasing its shareholding from 19.83% to 49.35%, making NDET an associate of Tech Mahindra. The acquisition is expected to be completed by March 31, 2026.
An exceptional item of ₹272.4 crore (₹2,724 million) was reported in consolidated results related to the incremental impact of new labor codes on employee benefit obligations. A similar exceptional item of ₹245.2 crore (₹2,452 million) was recognized in standalone results 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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