Tech Mahindra Q1 Results: Net profit jumps 34% on-year, tops Rs 1,140 crore on low expenditure

Tech Mahindra Q1 Results: Net profit rises 34% ; revenue up 2.7%

IT services firm Tech Mahindra has announced its financial year for the April-June quarter of the FY26. According to the information shared with the exchanges, the company has posted a consolidated net profit for the quarter under consideration at Rs 1,140.6 crore. This is a growth of 33.95 per cent over Rs 851.5 crore logged in the corresponding quarter of the previous financial year. Revenue from the operations of the Pune-headquartered firm f…

Tech Mahindra Q1 Results: Net profit jumps 34% on-year, tops Rs 1,140 crore on low expenditure

Deal wins have increased by 44% on a last twelve months basis, says TechM CEO Mohit Joshi

TechM to invest in sales, marketing in next 2 yrs across key markets: Mahindra

New Delhi, Jul 17 (PTI) IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on Thursday.During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society."Over the next two to three years, the company plans to invest in learning infrastru…

Tech Mahindra Beats TCS, HCLTech Blues with 34% Profit Surge in Q1 FY26

After a bleak quarter for TCS, and a moderately AI-led quarter for HCLTech, all eyes were on Tech Mahindra for Q1 FY26. And it indeed met that expectation, much in line with FY25 earnings.  Tech Mahindra has opened the new fiscal with a 33.95% jump in net profit, touching ₹1,140.6 crore in Q1 FY26—just shy of last quarter’s ₹1,167 crore, but well ahead of analyst expectations. While revenue growth remained under pressure at ₹13,351 crores, up 2.…

Tech Mahindra Q1 Attrition Rate Rises To 12.8%, IT Headcount Drops By 622 Employees

Tech Mahindra announced its April-June quarter results for current fiscal (Q1FY26) on Wednesday, July 16, and reported a rise of 12.8% in terms of its 12-month attrition rate, compared to 11.8% in the preceding March quarter of previous fiscal (Q4FY25).