Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue

Synopsis Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra’s board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions. Tech Mahindra on Thursday reported a 32.7% year-on-year (YoY) rise in consolidated net profit to Rs 1,585.6 crore in the second quarter of FY27 (Q2FY27), compared with Rs 1,194.5 crore in the corresponding quarter of…