Tech Mahindra Limited
Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.
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Tech Mahindra's step-down subsidiary, Leadcom Integrated Solutions Myanmar, underwent voluntary liquidation. This closure has minimal financial impact, as the unit contributed only 0.27 Cr in revenue and 8.16 Cr to net worth in FY22, with no operations since.
Tech Mahindra has liquidated its step-down subsidiary, HCI Group Australia Pty Ltd. This entity had minimal operations, reporting 0.369 Cr AUD revenue and a net worth of -0.756 Cr AUD in its last financial year, making its disposal a minor event for TechM.
Tech Mahindra reported FY26 revenue of ₹56,815 Cr (+7.2% YoY), EBIT of ₹7,152 Cr (+39.2% YoY), and PAT of ₹4,811 Cr (+13.2% YoY). The company announced a total dividend of ₹51 per share, its highest ever. Deal wins hit $3,794 Mn, driven by AI-led transformation. Margins expanded for the 10th...
Tech Mahindra has voluntarily liquidated its step-down wholly-owned subsidiary, Tech Mahindra Digital Pty Ltd. For the last financial year, this subsidiary contributed 10.02 Mn AUD in revenue and 10.89 Mn AUD in net worth. This is a winding down, not a sale.
Tech Mahindra's step-down subsidiary, Comviva Technologies Madagascar Sarlu, has undergone voluntary liquidation. The non-operational entity had nil revenue and net worth, indicating no material financial impact on the company.