Tech Mahindra Ltd Quarterly Results

Q1 FY26-27 Results Summary

Revenue

The revenue stands at ₹15,711.90 crore, reflecting a quarter-on-quarter *(QoQ) increase of 4.22 per cent from ₹15,076.10 crore. This corresponds to a year-on-year *(YoY) growth of 17.68 per cent.

Total Income

Total Income stands at ₹15,605.50 crore, reflecting a quarter-on-quarter *(QoQ) increase of 4.94 per cent from ₹14,871.40 crore. This corresponds to a year-on-year *(YoY) growth of 15.00 per cent.

Operating Profit

Operating Profit stands at ₹2,738.20 crore, reflecting a quarter-on-quarter *(QoQ) increase of 6.74 per cent from ₹2,565.20 crore. This corresponds to a year-on-year *(YoY) growth of 41.49 per cent.

Profit Before Tax

Profit Before Tax stands at ₹2,041.90 crore, reflecting a quarter-on-quarter *(QoQ) increase of 14.03 per cent from ₹1,790.60 crore. This corresponds to a year-on-year *(YoY) growth of 26.19 per cent.

Net Profit

Net Profit stands at ₹1,486.30 crore, reflecting a quarter-on-quarter *(QoQ) increase of 9.58 per cent from ₹1,356.40 crore. This represents a 31.67 per cent year-on-year *(YoY) growth for the same year.

  • YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

Tech Mahindra Ltd Earnings

CategoryQ1 FY26-27Q1 FY25-26Change %FY25-26FY24-25Change %
Total Revenue15,711.9013,351.2017.6856,815.4052,988.307.22
Expenses12,973.7011,416.0013.6448,055.2046,024.504.41
Other Income-106.40218.80-148.6331.90864.00-96.31
Operating Profit2,738.201,935.2041.498,792.107,827.8012.32
Depreciation478.60458.104.481,881.601,852.901.55
Interest111.3077.8043.06337.40321.704.88
Profit Before Tax2,041.901,618.1026.196,573.105,653.2016.27
Tax555.60489.3013.552,002.301,899.605.41
Net Profit1,486.301,128.8031.674,805.504,253.0012.99
CategoryQ1 FY26-27Q4 FY25-26Change %
Total Revenue15,711.9015,076.104.22
Expenses12,973.7012,510.903.70
Other Income-106.40-204.70-48.02
Operating Profit2,738.202,565.206.74
Depreciation478.60481.10-0.52
Interest111.3088.8025.34
Profit Before Tax2,041.901,790.6014.03
Tax555.60434.2027.96
Net Profit1,486.301,356.409.58

Tech Mahindra Ltd Research Reports

ActionTarget Price (₹)BrokerDateReports
Hold 1,620Elara Capital17-Jul-2026
Reduce 1,450Emkay Global23-Apr-2026
Buy 2,350Motilal Oswal19-Jan-2026
Accumulate 1,840Elara Capital19-Jan-2026
Accumulate 1,780JM Financial19-Jan-2026

Tech Mahindra Ltd Financial Reports

Data not available.

Tech Mahindra Ltd Stock Prices Compare with Peers

Company1 Day1 Week1 Month3 Months6 Month1 Year
Tech Mahindra-2.30%-1.95%-3.70%3.93%2.01%4.49%
Infosys-0.64%1.81%-6.81%-5.47%-24.41%-30.43%
HCL Technologies0.18%-2.19%-6.23%2.88%-16.60%-16.15%
Wipro-0.43%1.96%-6.70%-6.67%-21.10%-33.70%
LTM-0.63%-1.08%-10.53%3.08%-10.55%-24.57%
Oracle Fin.Serv.0.96%-1.94%-10.29%-4.89%46.70%13.02%
Persistent Systems-0.29%4.41%-0.48%12.98%2.45%4.70%

Tech Mahindra Ltd Corporate Information

Chairman(Non Exe)&Dir(Non-Ind): Anand Mahindra
Non-Exec & Non-Independent Dir: Anish Shah
Non-Exec & Non-Independent Dir: Puneet Renjhen
Lead Independent Non Executive Director: Shikha Sharma
Independent Non Exe. Director: Haigreve Khaitan
Independent Non Exe. Director: Mukti Khaire
Independent Non Exe. Director: Penelope Fowler
Independent Non Exe. Director: TARUN BAJAJ
Independent Non Exe. Director: NEELAM DHAWAN
Managing Director & CEO: Mohit Joshi
Company Sec. & Compli. Officer: Ruchie Khanna

Tech Mahindra Ltd News

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Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

Updated On: 31 Jul 2026 | 10:35 AM IST

Coforge soars 7%, Nifty IT index jumps 3%; what's driving the rally?

Thus far in the month of July, the Nifty IT index rallied 15 per cent, as compared to 0.6 per cent rise in the Nifty 50.

Updated On: 28 Jul 2026 | 10:20 AM IST

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

Updated On: 24 Jul 2026 | 11:10 AM IST

ONGC, Tech Mahindra: Top stock picks by Kotak Securities; here's why

Shrikant Chouhan, head of equity research at Kotak Securities, explains why the brokerage has assigned Buy ratings to ONGC and Tech Mahindra

Updated On: 21 Jul 2026 | 7:36 AM IST

Nifty IT index up 12% in July; HCL Tech, TechM gain 20% from 52-week lows

However, despite recovery from lows, the Nifty IT index underperformed the market by falling 22 per cent, as against a 7.2 per cent decline in the Nifty 50 thus far in CY2026.

Updated On: 17 Jul 2026 | 12:32 PM IST

TechM jumps 3%, turns top Sensex gainer after Q1 beat: More upside ahead?

Brokerages said that TechM's Q1 revenue and margins exceeded estimates, and strong deal TCV provides strong revenue visibility.

Updated On: 17 Jul 2026 | 11:46 AM IST

Tech Mahindra posts 28.4% rise in Q1 FY27 profit, misses estimates

Revenue from operations increased 17.7 per cent to ₹15,711.9 crore, while EBIT rose 53.3 per cent and new deal wins reached $1.08 billion

Updated On: 16 Jul 2026 | 4:21 PM IST

IT shares in focus: Nifty IT up 2% ahead of Wipro, Tech Mahindra Q1 results

Gains in IT index were led by large-cap IT stocks, with HCLTech, LTIMindtree and Persistent Systems among the key contributors

Updated On: 16 Jul 2026 | 11:24 AM IST

Stocks to Watch Today: Jio Financial, Wipro, Paytm, HDFC Life & more

Wipro, Tech Mahindra, Jio Financial Services, BHEL and ITC Hotels among the top companies slated to post their April-June quarter earnings today.

Updated On: 16 Jul 2026 | 7:59 AM IST

Tech Mahindra Q1 Preview: PAT can rise over 40% YoY on firm revenue growth

TechM Q1 Preview: On average, analysts expect Tech Mahindra to post a growth of 40 per cent or more for Q1 FY27 as ramp-up in large deals could push revenue by 15 per cent.

Updated On: 15 Jul 2026 | 9:24 AM IST
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