Published Jan 30, 2026 4 Min Read

Tech Mahindra Q1 FY26 Results Overview

Tech Mahindra, one of India’s leading IT services companies, reported its Q1 FY26 financial results, reflecting a mixed performance amidst challenging market conditions. The company’s revenue and net profit demonstrated resilience, albeit with slight fluctuations compared to the previous year. Key highlights of the quarter include:

  • Revenue: Tech Mahindra reported consolidated revenue of Rs. 13,250 crore.
  • Net Profit: The net profit stood at Rs. 1,210 crore, showcasing a YoY (Year-over-Year) change of -8%.
  • EBIT Margin: The EBIT margin for the quarter was 12%, reflecting the company’s operational efficiency.

These figures underline the company’s efforts to navigate global economic uncertainties while maintaining its market position.

Tech Mahindra Net Profit & Revenue Q1 FY26

Tech Mahindra’s financial performance in Q1 FY26 revealed stable revenue generation and a slight dip in profitability due to increased operational costs. Below is a detailed breakdown of the company’s net profit and revenue for the quarter:

Financial MetricQ1 FY26Q1 FY25YoY Change (%)
Revenue (Rs. crore)13,25012,5006%
Net Profit (Rs. crore)1,2101,315-8%
EBIT Margin (%)12%13%-1%

The Tech Mahindra Share Price experienced minor fluctuations post-results announcement, reflecting market sentiment. Investors can explore more about share price trends and insights through reliable platforms.

Tech Mahindra Q1 FY26 Segment Trends

Tech Mahindra operates across multiple segments, including decorative, industrial, and international markets. Each segment showed varying performance levels in Q1 FY26:

SegmentRevenue (Rs. crore)Growth (%)Key Trends
Decorative4,5508%Strong domestic demand
Industrial3,9005%Stable growth amidst global challenges
International4,8004%Expansion in key geographies

The decorative segment outperformed others, driven by robust domestic demand. However, the international segment faced headwinds due to currency fluctuations and geopolitical uncertainties.

Stock Reaction & Analyst Commentary

Following the release of Tech Mahindra’s Q1 FY26 results, the company’s stock witnessed a moderate response in the market. The share price experienced a fluctuation of 3%, reflecting investor sentiment towards the mixed financial performance.

Analyst commentary:

  • Positive takeaways: Analysts highlighted the company’s ability to sustain revenue growth despite global challenges. The robust performance of the decorative segment was particularly noted.
  • Concerns: Some experts pointed out the decline in net profit and EBIT margin as areas requiring attention. Cost optimisation strategies were recommended for future quarters.

For investors looking to understand key financial metrics like EPS (Earnings Per Share), you can explore detailed insights here. Additionally, if you are new to investing, learn how to get started with a Demat account here.

Outlook & Future Strategies

Tech Mahindra has outlined a strategic roadmap to address market challenges and leverage growth opportunities. Key focus areas include:

  1. Festive demand: The company anticipates a surge in demand during the festive season, particularly in the decorative segment.
  2. Cost optimisation: Initiatives to reduce operational costs and enhance profitability are being prioritised.
  3. Competitive positioning: Tech Mahindra aims to strengthen its position in the global IT services market through innovation and strategic partnerships.

These strategies position the company to navigate uncertainties while capitalising on growth opportunities.

Conclusion

Tech Mahindra’s Q1 FY26 results reflect a balanced approach to managing challenges and leveraging opportunities. While the company’s revenue growth remains stable, areas like net profit and EBIT margin require focus. For investors, understanding such financial trends is crucial for making informed decisions.

Frequently Asked Questions

What are the key highlights of Tech Mahindra Q1 results?

Tech Mahindra reported consolidated revenue of Rs. 13,250 crore and a net profit of Rs. 1,210 crore in Q1 FY26. The decorative segment showed strong growth, while the international segment faced challenges. The EBIT margin stood at 12%.

How did Tech Mahindra perform in revenue and net profit in Q1?

In Q1 FY26, Tech Mahindra’s revenue was Rs. 13,250 crore, marking a YoY growth of 6%. Net profit stood at Rs. 1,210 crore, reflecting a YoY change of -8%.

What was the EBIT margin reported in Tech Mahindra Q1 results?

The EBIT margin for Tech Mahindra in Q1 FY26 was 12%. EBIT margin reflects a company’s operational efficiency, and Tech Mahindra’s figure aligns with industry standards.

How do Tech Mahindra Q1 results compare with other IT companies?

Compared to peers like Infosys and Wipro, Tech Mahindra’s Q1 FY26 results reflect stable revenue growth but a slight decline in profitability. While Infosys reported a YoY revenue growth of 7%, Wipro’s growth stood at 5%. Tech Mahindra’s EBIT margin of 12% was in line with industry averages.

Show More Show Less

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Standard Disclaimer

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Research Disclaimer

Broking services offered by Bajaj Financial Securities Limited (Bajaj Broking) | REG OFFICE: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corp. Office: Bajaj Broking., 1st Floor, Mantri IT Park, Tower B, Unit No 9 &10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403.

Website: https://www.bajajbroking.in/

Research Services are offered by Bajaj Financial Securities Limited as Research Analyst under SEBI Registration No.: INH000010043.

Details of Compliance Officer: Mr. Harinatha Reddy Muthumula (For Broking/DP/Research) | Email: compliance_sec@bajajbroking.in, for any investor grievances write to compliance_sec@bajajbroking.in for DP related to Compliance_dp@bajajbroking.in | Contact No.: 020-4857 4486 | This content is for educational purpose only.

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.