Tech Mahindra Q2 Profit Rises 33%; 1:1 Bonus

Tech Mahindra Limited

reported a 32.7% year-on-year increase in consolidated net profit to ₹1,585.6 crore for Q2 FY27. The company also recommended a 1:1 bonus issue and declared a ₹15 per share interim dividend. Q2 FY27 Financial Results Revenue: ₹16,180.2 crore, up 15.6% YoY. Net Profit: ₹1,585.6 crore, up 32.7% YoY. EBIT: ₹2,387 crore, up 40.5% YoY. EBIT Margin: 14.8%, compared with 12.2% a year ago. New Deal Wins: $1.023 billion in total contract value, up 25.4% YoY. 1:1 Bonus Issue Recommended The Board has recommended issuing one bonus share for every existing share held, subject to shareholder approval through a postal ballot. This will be the company's first bonus issue since March 2015. The record date for the bonus shares will be announced separately. ₹15 Interim Dividend Announced The company also declared an interim dividend of ₹15 per equity share of ₹5 face value for FY27. Dividend Record Date: October 23, 2026. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.