Tech Mahindra has reported a steady performance in the second quarter of FY26, underscored by a 5 percent quarter-on-quarter rise in profit after tax to Rs 1,194 crore. The company’s consolidated revenue for the quarter stood at Rs 13,994 crore, with robust deal wins totaling $1.6 billion. The results come alongside the launch of its next-generation Orion AI platform, positioning the IT services major to strengthen its foothold in enterprise artificial intelligence and digital transformation.
The Orion AI platform marks a strategic leap in Tech Mahindra’s efforts to integrate artificial intelligence into core business operations across industries. Designed as a scalable and modular system, Orion AI combines generative AI, machine learning, and automation to enhance decision-making, improve productivity, and optimize customer experience. Built with enterprise-grade governance and security layers, the platform aims to deliver measurable value in sectors such as banking, telecommunications, manufacturing, retail, and healthcare.
According to company executives, Orion AI is envisioned as a unifying layer across Tech Mahindra’s digital ecosystem, enabling enterprises to adopt AI responsibly and at scale. The company highlighted that Orion AI integrates seamlessly with existing systems, helping clients accelerate innovation cycles, automate repetitive processes, and drive efficiency across the value chain. The initiative aligns with the company’s broader strategy to move beyond traditional IT services toward high-value AI-led transformation projects.
Tech Mahindra’s CEO and Managing Director, Mohit Joshi, emphasized that Orion AI is built to help clients achieve business outcomes through responsible and explainable AI. He noted that the platform reflects the company’s focus on building industry-specific AI solutions that can adapt to evolving business environments. Joshi added that the company’s recent partnerships with global hyperscalers and enterprise technology providers will further amplify the platform’s adoption across markets.
The company’s financial performance for the quarter demonstrated resilience amid macroeconomic uncertainties and fluctuating demand in the IT services industry. Tech Mahindra’s operating margin improved sequentially, supported by cost optimization initiatives and better utilization of its delivery workforce. The management also noted a gradual uptick in discretionary IT spending, particularly in cloud, data, and AI-driven services, which are expected to be key growth engines in the coming quarters.
The $1.6 billion in new deal wins during Q2 reflects growing confidence among global enterprises in Tech Mahindra’s ability to deliver integrated AI and digital solutions. Several of these deals are anchored in cloud modernization, AI-based analytics, and platform engineering, with clients in North America and Europe accounting for a significant share. The company also reported healthy traction in emerging markets across Asia and the Middle East, driven by digital-first transformation programs.
Chief Financial Officer Rohit Anand stated that the company’s focus on operational discipline and portfolio diversification has yielded tangible results. He said that Tech Mahindra continues to maintain a strong balance sheet and is committed to reinvesting in strategic areas such as AI research, cloud partnerships, and workforce upskilling. Anand also reaffirmed the company’s commitment to achieving long-term sustainable growth while balancing profitability with innovation-led investments.
Industry analysts have observed that Tech Mahindra’s push into artificial intelligence through the Orion AI platform aligns with broader market trends in enterprise technology, where global IT firms are increasingly integrating AI into client delivery and internal processes. Analysts believe that Orion AI could become a key differentiator for the company as enterprises accelerate their adoption of AI for automation, predictive analytics, and customer engagement.
The company has been steadily expanding its portfolio in AI and automation over the past few years, with Orion AI representing a consolidation of its learnings and capabilities in a unified offering. This launch follows earlier initiatives in generative AI applications, conversational automation, and domain-specific AI models for telecom and manufacturing clients. The company said that its AI strategy is guided by the principles of transparency, fairness, and compliance with emerging global standards for responsible AI use.
Tech Mahindra also noted that its strategic investments in skilling, research, and intellectual property creation continue to strengthen its positioning as a digital transformation partner. The company’s research and innovation hubs are actively collaborating with startups, academic institutions, and technology alliances to build advanced AI tools and solutions. These partnerships are expected to contribute to both innovation velocity and ecosystem development in India’s growing AI sector.
As the global demand for AI-powered enterprise solutions continues to rise, Tech Mahindra’s dual focus on innovation and fiscal prudence positions it well for the next phase of growth. The company remains optimistic about expanding its presence in key international markets and deepening its client relationships through technology-driven transformation programs. With Orion AI at the center of its innovation strategy, Tech Mahindra aims to enhance operational agility for its clients while reinforcing its own trajectory as a forward-looking digital enterprise.