Business · Companies · 14 hrs ago
Tech Mahindra profit rises 32.7%, announces dividend and bonus shares
Tech Mahindra’s net profit rose 32.7% in the second quarter of the 2026-27 financial year, reaching ₹1,585.6 crore.
The Indian IT company also reported revenue of ₹16,180.2 crore, up 15.6% from the same quarter a year earlier.
It announced a ₹15 interim dividend for each share, with 23 October 2026 set as the record date for eligibility.
The company plans to pay the dividend by 13 November 2026.
Tech Mahindra also proposed a 1:1 bonus share issue, which would give one additional share for each share held, subject to the terms and approval.
The company said it would announce a separate record date for the bonus shares.
Tech Mahindra reported consolidated net profit of ₹1,585.6 crore for the second quarter of financial year 2026-27, up 32.7% year on year.
The company announced a 1:1 bonus share issue and an interim dividend of ₹15 per equity share.
Revenue from operations rose 15.6% year on year to ₹16,180.2 crore.
EBITDA increased 32.8% to ₹2,878.5 crore.
The dividend record date is October 23, 2026, and payment is planned by November 13, 2026.
- Who
- Tech Mahindra.
- What
- It reported higher quarterly profit and announced a 1:1 bonus share issue and a ₹15-per-share interim dividend.
- When
- The results were reported on October 15, 2026, for the second quarter of financial year 2026-27.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Tech Mahindra reported its second-quarter results and announced a bonus share issue and interim dividend.
The company’s interim dividend record date is scheduled.
The company plans to pay the interim dividend.
- Consolidated net profit
- ₹1,585.6 crore, up 32.7% year on year
- Revenue from operations
- ₹16,180.2 crore, up 15.6% year on year
- EBITDA
- ₹2,878.5 crore, up 32.8% year on year
- Bonus issue
- 1:1; a separate record date is to be announced
- Interim dividend
- ₹15 per equity share
- Dividend record date
- October 23, 2026