India, July 17 -- Tech Mahindra reported a steady start to FY27, supported by revenue growth, improved profitability, and another quarter of deal wins exceeding USD 1 billion.

Revenue for the quarter ended June 30, 2026, stood at Rs 15,712 crore, increasing 4.2% sequentially and 17.7% year on year. The company reported earnings before interest and tax (EBIT) of Rs 2,264 crore, up 8.6% quarter on quarter and 53.3% from the corresponding period last year.

Tech Mahindra's EBIT margin expanded to 14.4%, an improvement of around 60 basis points sequentially and 330 basis points year on year.

Profit after tax increased 28.4% year on year to Rs 1,465 crore, while diluted earnings per share stood at Rs 16.50. The company's consolidated financi...