Tech Mahindra Limited

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dra.com CIN L64200MH1986PLCO41370 14th October, 2025 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code : 532755 National Stock Exchange of India Limited Exc

12.1%

h Mahindra. All rights reserved. 2 Q2 FY26 – At a Glance A Promise of Revenue $ 1,586 Mn EBIT 12.1% PAT Margin 8.5% FCF $ 237 Mn New Deal Wins $ 816 Mn Copyright © 2025 Tech Mahindra. All right

8.5%

hts reserved. 2 Q2 FY26 – At a Glance A Promise of Revenue $ 1,586 Mn EBIT 12.1% PAT Margin 8.5% FCF $ 237 Mn New Deal Wins $ 816 Mn Copyright © 2025 Tech Mahindra. All rights reserved. 3

57%

margin expansion, driven by operational efficiency and disciplined execution. Our deal TCV is up 57% year-on- year on LTM basis, supported by strong deal conversions. The Board has approved a divid

₹15

n- year on LTM basis, supported by strong deal conversions. The Board has approved a dividend of ₹15 per share reflecting our continued focus on shareholder value. Mohit Joshi CEO and Managing Direc

1.4%

dra. All rights reserved. 5 Financial Highlights Q2 FY26 Revenue • USD Revenue of 1,586 Mn; up 1.4% QoQ and down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995

0.2%

served. 5 Financial Highlights Q2 FY26 Revenue • USD Revenue of 1,586 Mn; up 1.4% QoQ and down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ a

1.6%

FY26 Revenue • USD Revenue of 1,586 Mn; up 1.4% QoQ and down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ and up 5.1% YoY IT segment up 1.0% Qo

0.3%

USD Revenue of 1,586 Mn; up 1.4% QoQ and down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ and up 5.1% YoY IT segment up 1.0% QoQ; BPS segment up

₹ 13,995

up 1.4% QoQ and down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ and up 5.1% YoY IT segment up 1.0% QoQ; BPS segment up 3.2% QoQ Cashflow Metrics •

4.8%

down 0.2% YoY • • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ and up 5.1% YoY IT segment up 1.0% QoQ; BPS segment up 3.2% QoQ Cashflow Metrics • • Free Ca

5.1%

• • • Revenue (in cc) up 1.6% QoQ and down 0.3% YoY INR Revenue of ₹ 13,995 Cr; up 4.8% QoQ and up 5.1% YoY IT segment up 1.0% QoQ; BPS segment up 3.2% QoQ Cashflow Metrics • • Free Cash Flow at $237

“Thanking you, For Tech Mahindra Limited Ruchie Khanna Company Secretary Encl.: as above + > + + > + Earnings Presentation Q2 FY26 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + > + + > + + > + + + + + + + + + + Copyright © 2025 Tech Mahindra.”

“2 Q2 FY26 – At a Glance A Promise of Revenue $ 1,586 Mn EBIT 12.1% PAT Margin 8.5% FCF $ 237 Mn New Deal Wins $ 816 Mn Copyright © 2025 Tech Mahindra.”

“6 Financial Trend Revenue (USD Mn) 1,589 1,586 1,567 1,564 1,549 LTM Deal Wins (USD Mn) 2,955 2,680 2,382 3,168 2,018 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Earnings Before Interest & Taxes (EBIT %) Return of Capital Employed (ROCE) 9.6% 10.2% 10.5% 12.1% 11.1% 19.4% * 20.2% 23.8% 24.4% 22.6% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Copyright © 2025 Tech Mahindra.”

“9 People Highlights Total Headcount IT BPS Sales & Support IT Headcount mix Onsite Offshore IT Utilization and Attrition Utilization % Attrition % Q2 FY25 80,618 64,940 8,715 Q2 FY25 23.7% 76.3% Q2 FY25 86.3% 10.6% Q1 FY26 79,987 60,278 8,252 Q1 FY26 21.4% 78.6% Q1 FY26 85.0% 12.6% Q2 FY26 78,528 66,095 8,091 Q2 FY26 21.7% 78.3% Q2 FY26 84.4% 12.8% Copyright © 2025 Tech Mahindra.”

“13 Deal-Win Performance TCV Q2 FY26: $ 816 Mn − Selected by a leading European telecom operator as a strategic partner to accelerate its enterprise-wide Autonomous Operations journey.”

“17 Financial Statement in USD millions Revenue Direct Cost Gross Profit SG&A EBIT Other Income Miscellaneous + Interest Income Exchange Gain / (Loss) Profit Before Tax Provision for tax Profit After Tax PAT % EPS (Basic) in ₹ EPS (Diluted) in ₹ Q2 FY26 QoQ YoY 1.4% 3.1% 11.5% -0.7% 1.5% -0.2% 4.1% 25.6% -8.4% -9.6% 1,586 1,124 462 217 192 4.6 17.0 (12.4) 187 52 135 8.5% 13.48 13.46 Copyright © 2025 Tech Mahindra.”

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Dear Sir/Madam, In furtherance to the outcome of the Board Meeting filed earlier today, 14th October, 2025 please find enclosed Quarterly Earnings Presentation to be made at the quarterly earnings conference call scheduled today, 14th October, 2025 at 7.30 p.m. (IST). This Intimation is also available on the website of the Company at the weblink: https://www.techmahindra.com/investors/ Kindly take the above on record. Thanking you, For Tech Mahindra Limited Ruchie Khanna Company Secretary Encl.: as above + > + + > + Earnings Presentation Q2 FY26 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + > + + > + + > + + + + + + + + + + Copyright © 2025 Tech Mahindra. All rights reserved. 1 Safe Harbor Certain statements in this presentation may contain ‘forward-looking statements’ identified by the use of forward-looking words or phrases and statements relating to our future performance and prospects for growth in FY2026 and beyond, our ability to achieve our fina