Tech Mahindra Q1 Profit Surges 34%

  Published 1 year ago

Tech Mahindra posts 34% YoY profit growth in Q1 FY26, driven by steady deal wins, margin expansion, and operational improvements.

  • Q1 revenue up 2.66% YoY; PBT rose 35.35% YoY; $809 million TCV secured in net new deals.
  • EBIT margin improved to 11.1%; cash reserves at ₹8,072 crore; attrition rate increased to 12.6% this quarter.
  • CEO cites disciplined execution and broad momentum; CFO highlights seven straight quarters of margin improvement.
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