How did revenue growth compare to the company's trailing trend?

Revenue grew 17.7%, well above the trailing 12-month growth of 12.6%, indicating acceleration. The filing does not provide guidance, but the YoY improvement is clear.

What drove the EBIT margin increase?

EBIT margin expanded to 14.4% from the prior year. The company did not break down drivers, but operational efficiencies and higher utilisation are likely contributors.

Are $1,078 million deal wins a record?

The filing does not call it a record, but it's a 33% increase over last year's same quarter. This suggests consistent large-deal momentum.

Earnings · IT - Software · Mega cap

Tech Mahindra Q1 profit jumps 28%, deal wins jump 33%

Revenue rises 17.7% to ₹15,712 crore; EBIT margin hits 14.4%. New deal wins of $1,078 million confirm strong demand.

— 4 earlier stories on Tech Mahindra Ltd. →

TECHM By Tipsheet Editorial 16 Jul 2026 · 4:18 PM IST Verify on BSE · NSE

Mkt cap₹1.41 lakh cr

P/E29.28×

ROE14.87%

Debt / eq.0.02

Div yld3.49%

28.4% Net profit growth year-on-year

What's new

Revenue up 17.7% YoY to ₹15,712 crore
Net profit rises 28.4% to ₹1,465 crore
New deal wins of $1,078 million, up 33%

Why this matters

The quarter is a clean beat across revenue, profit, and deal wins. But the filing is routine; the market had already priced in the numbers. The real test is whether margins can hold above 14% and whether the deal momentum translates into sustained growth.

What we're watching

Whether EBIT margins can stay above 14% in coming quarters
Conversion of $1,078 million deal wins into revenue
Any changes to FY27 guidance in the earnings call

The full read

Tech Mahindra's June quarter met expectations. Revenue hit ₹15,712 crore, up 17.7%; net profit rose 28.4% to ₹1,465 crore; EBIT margin climbed to 14.4%; and new deal wins totalled $1,078 million, a 33% jump.

Strong numbers, but routine. The market already knew the headline figures from earlier press releases. The earnings call will matter more: it will reveal whether management sees this as a step change or a one-off.

For now, the trajectory is solid.

Questions answered

How did revenue growth compare to the company's trailing trend?: Revenue grew 17.7%, well above the trailing 12-month growth of 12.6%, indicating acceleration. The filing does not provide guidance, but the YoY improvement is clear.
What drove the EBIT margin increase?: EBIT margin expanded to 14.4% from the prior year. The company did not break down drivers, but operational efficiencies and higher utilisation are likely contributors.
Are $1,078 million deal wins a record?: The filing does not call it a record, but it's a 33% increase over last year's same quarter. This suggests consistent large-deal momentum.

Mentioned: $1,078 million deal wins · ₹15,712 crore revenue

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Tech Mahindra Ltd.

Software Services

₹1.54 L cr

P/E 29.97×

Latest quarter · Jun 2026

Sales₹15,712 cr

Net profit₹1,491 cr

Op. margin+17.4%

EPS₹16.54

Strength & growth

Debt / equity0.00×

Current ratio1.90×

Sales CAGR+7.9%

EPS CAGR+3.5%

Story so far

All notes on TECHM →

16 Jul 2026 · 4:18 PM IST Tech Mahindra Q1 profit jumps 28%, deal wins jump 33%
12d ago Tech Mahindra's margin streak hits 11 quarters, deal wins jump 33%
12d ago Tech Mahindra Q1 profit jumps 28%, deal wins hit $1,078M
12d ago Tech Mahindra Q1 profit up 28%, deal wins hit US$1,078M
12d ago Tech Mahindra Q1 profit jumps 28%, deal wins hit $1,078M