Tech Mahindra Q1 Results: IT major Tech Mahindra on Wednesday (July 16) said its Q1FY26 consolidated profit jumped 34 per cent year-on-year (YoY) to ₹1,140.6 crore, compared to ₹851.5 crore in the same quarter last year.
Revenue from operations for the quarter under review rose 2.7 per cent YoY to ₹13,351.2 crore from ₹13,005.5 crore in the same quarter of the previous financial year.
The company’s management highlighted the seven consecutive quarters of margin expansion despite global uncertainty.
“We have delivered seven consecutive quarters of margin expansion – a clear reflection of the discipline and focus across our organisation. Even in an uncertain environment, our Project Fortius program continues to generate meaningful results and drive operational improvements,” said Rohit Anand, Chief Financial Officer, Tech Mahindra.
Tech Mahindra Q1 results: Five key highlights
1. Tech Mahindra Q1 financial performance
In dollar terms, the company’s revenue increased 0.4 per cent YoY to $1,564 million, while the profit after tax (PAT) at $133 million rose 30.2 per cent YoY. PAT margin improved 190 bps YoY to 8.5 per cent.
EBIT jumped 30.2 per cent YoY to $172 million, and EBIT margin climbed 260 bps YoY to 11.1 per cent.
(This is a developing story. Please check back for fresh updates.)
