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Incorporated in 1986 and headquartered in Pune in Maharashtra, Tech Mahindra (formerly known as Mahindra-British Telecom) is a provider of solutions and services to the telecommunications industry. The company is a partnership between Mahindra & Mahindra and British Telecommunications plc. Tech Mahindra has software development centers across six cities in India and one in UK and 13 sales offices across America, Europe and Asia-Pacific and around 15,000 professionals servicing clients across various telecom segments.

The company's service offerings range from applications development and maintenance, solution integration, product engineering and lifecycle management and testing to high-end and value-added services, such as consulting, managed platforms and managed services. Some of the renowned partners of Tech Mahindra includes Convergys, Siebel, LHS, Azure, Openet Telecom, jNetX Industry Consortia, OSS/J, TeleManagement Forum, Microsoft, Oracle, IBM and manu more. Tech Mahindra is ISO 9001:2000 certified and is also assessed at SEI-CMMi Level 5 and SEI-PCMMi Level 5. Tech Mahindra is also BS7799 certified across all development centers. In November 2005, it acquired Axes Technologies (India) for USD 54 mn. Tech Mahindra?s total revenues for the year ended March 31, 2006 were Rs. 12430 million. The company recorded revenues of Rs. 6977 million and net profit of Rs.1771 million for the second quarter of FY07, a 373% growth in net profits compared to the corresponding quarter in the previous year. With its clients spread over 40 countries, Tech Mahindra has grown rapidly to become the 8th largest software exporter in India (Nasscom 2005).

Update

Tech Mahindra on Monday said its net profit had increased by 59.5 per cent to Rs 240.4 crore for the quarter ended September 30, as compared to the same period last year. The company’s net profit stood at Rs 150.7 crore in Q2 FY2010-11, Tech Mahindra said. Net revenue in the reported period declined 13.07 per cent to Rs 1,333.3 crore as against Rs 1,533.9 crore registered in the year-ago period.