Tech Mahindra Q1FY26 Results: 5 Things to Know

Antara Bhattacharyya

34% YoY PAT jump to ₹1,141 cr: Consolidated net profit surged from ₹851 cr to ₹1,141 cr, though slightly below Street estimates. 

Revenue 2.7% growth to ₹13,351 cr: Topline rose on strong Europe, ROW performance, but Americas declined nearly 6%. 

EBIT margin expands to 11.1%: Margins improved for the seventh consecutive quarter, driven by Project Fortius cost initiatives. 

Deal wins hit $809 m TCV: New contract wins surged +51% YoY, reflecting solid client demand in AI, telecom, hi‑tech. 

Stock slipped ~2% post‑results: Shares underperformed due to missing revenue and profit forecasts, dragging IT‑index sentiment. 

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