New Delh, Oct. 15 -- IT services firm Tech Mahindra on Thursday reported a 32.74 per cent increase in consolidated net profit to Rs 1,585.6 crore for the July-September quarter of FY27.
The Pune-based company had posted a net profit (attributable to owners of the company) of Rs 1,194.5 crore in the year-ago period, according to a regulatory filing by the company.
Tech Mahindra's revenue from operations rose 15.6 per cent to Rs 16,180.2 crore in Q2 FY27, up from Rs 13,994.9 crore in Q2 FY26. Sequentially, profit and revenue rose 8 per cent and 3 per cent, respectively.
The company's new deal wins stood at $1,023 million in total contract value (TCV), up 25.4 per cent from a year ago.
"Deal wins exceeding USD 1+ billion in each of the last four quarters reflect the strength of our customer relationships and the trust we have built. With 7.2 per cent year-on-year constant currency growth, we continue to sustain business momentum.
"As we celebrate our 40th anniversary this quarter, we look ahead with confidence, building on our legacy of innovation, entrepreneurship, and long-term value creation for our stakeholders," Mohit Joshi, CEO and Managing Director, Tech Mahindra, said.
Published by HT Digital Content Services with permission from Millennium Post.