Q2 results: Tech Mahindra, on Thursday, reported a sharp 32.74% annual jump in its net consolidated profit (attributable to owners of the company) to ₹1,585.6 crore for the quarter ended in September 2026. The IT services giant also announced dividend and bonus issue for its 7.44 lakh shareholders.
Tech Mahindra share price has surged 12.99% in one year and around 38% in three years. Here are all the key highlights from Tech Mahindra Q2 result, dividend and bonus issue announcement.
The Pune-headquartered IT services firm announced an interim dividend of ₹15 per equity share, which is 300% of the stock’s face value of ₹5 each. The board has also fixed and recommended a dividend record date.
The board has fixed Friday, October 23, as the record date to determine the eligibility of shareholders for the payout. As investors must own the stock before the dividend record date, Thursday, October 22, effectively becomes the last day for investors to purchase the stock and qualify for the payout.
Tech Mahindra’s board of directors also approved a bonus issue in the ratio of 1:1. The board has approved the issuance of bonus equity shares in the ratio of 1:1. Which means that shareholders with one “existing fully paid up equity share of ₹5” will receive new “fully paid-up bonus equity share of face value ₹5 each.”