Tech Mahindra said revenue has reached $1.57 billion, flat year-on-year and down 1.2 percent quarter-on-quarter during the fourth-quarter of 2025-fiscal due to less spending by communication clients.
Revenue from the communications segment, which contributes a third of total revenue, declined 2.2 percent year-on-year.
The company experienced revenue declines in its manufacturing and hi-tech verticals, though other segments recorded growth.
Profit surged 70.8 percent to $136 million, driven by reduced subcontracting costs and a deferred tax gain.
Order bookings climbed to $798 million, up from $500 million the previous year. CEO Mohit Joshi noted ongoing challenges in global economic conditions and sectoral volatility, particularly in manufacturing, but pointed to early signs of stability in Europe and Asia Pacific.
Tech Mahindra’s full fiscal-year revenue has reached $6.264 billion, down 0.2 percent. Tech Mahindra did not reveal its investment in AI-related areas.
Mohit Joshi, CEO and Managing Director, Tech Mahindra , said: “Through strategic investments in our people, leadership, and capabilities, we have positioned ourselves to accelerate our strategic roadmap. Our deal wins at $2.7 billion, reflect a 42 percent increase and are a clear validation of the depth of our client partnerships.”
Tech Mahindra’s headcount has reached 148,731, down 1,757 QoQ, up 3,276 YoY, at the end of March 2025. LTM IT attrition was 11.8 percent.
InfotechLead.com News Desk
