Tech Mahindra Reports Strong Q1 FY26 Financial Results

Tech Mahindra (NSE: TECHM), a global technology consulting and digital solutions provider, revealed its audited financial results for the quarter ending June 30, 2025.

Financial Highlights (USD):

• Revenue: USD 1,564 mn; up 0.4% YoY
• EBIT: USD 172 mn; up 30.2% YoY
• EBIT Margin: 11.1%; up 260 bps YoY
• Profit after tax (PAT): USD 133 mn; up 30.2% YoY
• PAT Margin: 8.5%; up 190 bps YoY
• Free cash flow: USD 86 mn
• New deal wins Total Contract Value (TCV): USD 809 mn

Financial Highlights (₹):

• Revenue: ₹ 13,351 crores; up 2.7% YoY
• EBIT: ₹ 1,477 crores; up 34.0% YoY
• Consolidated PAT: ₹ 1,141 crores; up 34.0% YoY
• Diluted Earnings per share (EPS): ₹ 12.86

Other Highlights:

• Total headcount: 148,517; up 897 YoY
• LTM IT attrition: 12.6%
• Days of Sales Outstanding: 95 days; up 2 days YoY
• Cash and Cash Equivalent: ₹ 8,072 crores

Mohit Joshi, CEO of Tech Mahindra, stated, \"Our performance is strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44% on a last twelve months (LTM) basis.\"

Rohit Anand, CFO of Tech Mahindra, mentioned, \"We have delivered seven consecutive quarters of margin expansion, showcasing discipline and focus across our organization.\"

Key Deal Wins:

• Selected as a key 'growth partner' by a US-based consumer wireless operator
• Chosen by a Railroad company in the Americas for application support and development
• Selected by a leading US-based Hi-Tech company for user experience enhancement
• Chosen as a strategic partner by a UK-based manufacturer for digital transformation
• Selected by a global fashion apparel brand for digital and data transformation services
• Chosen by a global insurance company's Japanese subsidiary for IT modernization
• Selected as a Prime partner by a UK-based Telco for multi-service line deal
• Selected by an international telecom company in the MEA region for transformation and managed services

Business Highlights:

• Launched managed services offering for Cisco Multicloud Defense
• Named a Red Hat Premier Partner globally
• Partnered with ServiceNow for next-gen broadband solutions tailored for CSPs
• Announced partnership with CrateDB for AI solutions in automotive and smart factory sectors
• Partnered with Nuix for cyber and fraud detection solutions
• Collaborated with KOGO AI for next-gen enterprise AI solutions

Awards and Recognitions:

• Received multiple awards for upskilling, innovation, sustainability, and green business practices
• Included in various industry leader recognitions for services and solutions

Consolidated Financial Statement (₹) for Q1 FY26:

• Revenue: ₹ 133,512 Mn
• EBITDA: ₹ 19,352 Mn
• Profit after Tax: ₹ 11,406 Mn
• EPS (Diluted): ₹ 12.86

About Tech Mahindra:

Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions globally, with a workforce of 148,000+ professionals across 90+ countries. It provides a range of services including consulting, IT, engineering, AI, and cloud services. Tech Mahindra is part of the Mahindra Group, founded in 1945.

According to the source: Tech Mahindra.