Tech Mahindra Q3 Profit Jumps 14% to Rs 1,122 Crore, Beats EBIT Margin Estimates

• Tech Mahindra reported a 14.1% year-on-year rise in consolidated net profit, reaching Rs 1,122 crore for Q3 FY26.
• Revenue from operations increased by 8.3% to Rs 14,393 crore compared to the previous year.
• Operating performance saw EBIT climb 40.1% year-on-year to Rs 1,892 crore, with EBIT margin expanding to 13.1%.
• Net profit declined sequentially by 6.07% due to a Rs 272.4 crore exceptional cost from new labour code implementation.
• The company secured new deal wins worth $1.1 billion, a 47% increase from a year earlier, indicating strong demand.

Why It Matters: Tech Mahindra's Q3 FY26 profit surged 14% year-on-year, driven by strong margins and deal wins.