TECHM

Q4 FY26 Consolidated Results YoY: Revenue at 15076 Cr vs 13384 Cr, up 12.6% (CC growth 2.4%). EBITDA at 2361 Cr vs 2012 Cr, up 17.3%. EBITDA Margin at 15.7% vs 15.0%, expansion of 70bps. PAT at 1354 Cr vs 1167 Cr, up 16.0%. BPS segment was the key performance driver with segment profit growth of 58.1% YoY compared to 21.4% in the IT segment. Won a large multi-year AI-led transformation and outsourcing contract with a major European telecommunications operator featuring Agentic AI orchestration. Board recommended a final dividend of Rs 36 per share, bringing the total dividend for FY 2025-26 to Rs 51 per share.