Tech Mahindra Limited is expected to report over 30% year-on-year growth in September-quarter net profit with double-digit sales growth, according to Axis Direct, Kotak Institutional Equities and PL Capital, aided by deal ramp-ups, inorganic growth and retail, healthcare, BFSI and manufacturing demand. The brokerages peg profit at around Rs1,557.8 crore to Rs1,563 crore, revenue growth at 14-15.3% YoY, EBIT margin largely flat sequentially at 14.4-14.5% due to wage hikes, and new deal wins at $0.8-1 billion. Its board will also consider a dividend and a bonus issue on October 15, potentially its first in 11 years.

Tech Mahindra Limited turned around under CEO and MD Mohit Joshi through its Vision 2027 restructuring, lifting EBIT margin from 6.1% in FY24 to 14.4% with 6.1% YoY USD growth, strengthening large-deal wins and advancing AI initiatives.

Tech Mahindra Ltd. shares fell up to 4% to Rs 1,455.9 on October 12 amid concerns that its telecom clients, which contribute over 32% of revenue, could face competition after SpaceX acquired low-band spectrum, while its board is scheduled to meet on October 15-16 to consider Q2 results for the period ended September 30, 2026, an interim dividend for 2026-27 and a bonus share issue potentially its first since a 1:1 bonus in March 2015.

Tech Mahindra Limited will announce its Q2 results on October 15 after reporting Q1 FY27 consolidated revenue of Rs 15,605.5 crore, up 4.9% quarter-on-quarter and 15% year-on-year, and net profit of Rs 1,486.3 crore, up 9.6% quarter-on-quarter and 31.7% year-on-year, with analysts projecting sharper improvement and 1.9% year-on-year growth for Q2.