Tech Mahindra Limited has informed the Exchange regarding Outcome of Board Meeting held on April 22, 2026.
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Tech Mahindra's Board approved audited FY2026 results with consolidated revenue of Rs 568,154 million (up 7.2% YoY) and consolidated PAT of Rs 48,055 million (up 13.1% YoY). Standalone PAT was Rs 38,592 million (up 10.1% YoY). The company recommended a final dividend of Rs 36 per share (720%), bringing total FY2026 dividend to Rs 51 per share (1020% including Rs 15 interim). Auditors BSR & Co. issued an unmodified opinion. An Emphasis of Matter was raised regarding Rs 12,304 million in alleged advances from 37 companies related to erstwhile Satyam, disclosed under Suspense Account. An exceptional item of Rs 2,724 million was recorded for employee benefit obligations. A contingent liability of Rs 12,874 million from a PF order is being contested.
Clean audit opinion with emphasis on Satyam legacy matter suggests financial statements are reliable despite the historical controversy. The PF contingent liability and exceptional item are notable but management appears confident in their positions.