TECHM quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Tech Mahindra Ltd reported sales of ₹16,180 Cr, operating profit of ₹2,878 Cr (OPM 18%) and net profit of ₹1,610 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
TECHM quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
13,286
13,384
13,351
13,995
14,393
15,076
15,712
16,180
Expenses
11,477
11,545
11,416
11,830
12,028
12,511
12,974
13,302
Operating Profit
1,809
1,839
1,935
2,165
2,366
2,565
2,738
2,878
OPM
14%
14%
14%
15%
16%
17%
17%
18%
Other Income
23
173
219
40
-293
-205
-106
-7
Interest
76
85
78
77
94
89
111
84
Depreciation
459
462
458
469
474
481
479
491
Profit before tax
1,297
1,464
1,618
1,659
1,505
1,791
2,042
2,296
Tax
24%
22%
30%
28%
26%
24%
27%
30%
Net Profit
989
1,142
1,129
1,202
1,119
1,356
1,486
1,610
EPS in Rs
10.05
11.92
11.65
12.19
11.45
13.82
14.95
16.18
TECHM profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
44,646
53,290
51,996
52,988
56,815
61,361
Expenses
36,626
45,527
47,489
46,024
47,783
50,814
Operating Profit
8,020
7,763
4,506
6,964
9,033
10,548
OPM
18%
15%
9%
13%
16%
17%
Other Income
1,115
965
927
864
-240
-612
Interest
163
326
392
322
337
377
Depreciation
1,520
1,957
1,817
1,853
1,882
1,925
Profit before tax
7,452
6,446
3,224
5,653
6,573
7,634
Tax
24%
25%
26%
25%
27%
-
Net Profit
5,630
4,857
2,397
4,253
4,806
5,571
EPS in Rs
57.27
49.6
24.14
43.43
49.1
56.4
Dividend Payout
47%
91%
150%
94%
94%
-
TECHM balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
441
442
443
443
443
Reserves
26,228
26,919
27,061
29,173
29,230
Borrowings
2,537
2,025
1,954
2,186
2,184
Other Liabilities
13,943
14,880
16,370
17,366
16,947
Total Liabilities
43,149
44,267
45,828
49,168
48,803
Fixed Assets
13,903
13,982
14,262
14,864
15,028
CWIP
133
21
23
27
131
Investments
3,238
3,182
3,082
3,426
2,608
Other Assets
25,875
27,082
28,461
30,851
31,036
Total Assets
43,149
44,267
45,828
49,168
48,803
TECHM cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
5,285
5,572
6,376
5,786
6,172
Cash from Investing Activity
480
-226
-1,318
-15
-314
Cash from Financing Activity
-4,667
-5,078
-4,767
-5,799
-5,130
Net Cash Flow
1,098
267
291
-29
728
Free Cash Flow
4,450
4,603
5,639
5,303
5,626
CFO/OP
95%
97%
169%
104%
87%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit