Bengaluru, April 22 -- Tech Mahindra Ltd reversed a two-year revenue decline in 2025-26 despite demand uncertainty weighing on India's $297-billion information technology (IT) services sector, as it entered the final leg of its three-year road map, aiming to improve profitability and grow faster than the peer average.

The country's fifth-largest IT services company ended FY26 with $6.39 billion in revenue, up 1.9% year-on-year, beating Bloomberg's estimate of $6.11 billion from 44 analysts, with a little more than half of its incremental revenue coming from manufacturers, which account for almost a fifth of its business.

The IT outsourcer had ended FY25 and FY24 with revenue declines of 0.21% and 5%, respectively.

Its net profit jumped...