How much did Tech Mahindra's net profit grow in Q1?

Net profit attributable to shareholders grew 28.4% year-on-year to ₹1,465 crore.

What was the revenue and EBIT margin?

Revenue rose 17.7% to ₹15,712 crore. EBIT margin expanded to 14.4%.

What were the new deal wins for the quarter?

New deal wins totaled US$1,078 million, up 33% year-on-year.

Why is this considered a routine filing despite strong numbers?

The results were in line with market expectations from prior management commentary. No unexpected corporate action or strategic update was announced.

Earnings · IT - Software · Mega cap

Tech Mahindra Q1 profit up 28%, deal wins hit US$1,078M

Revenue rises 17.7% to ₹15,712 cr. EBIT margin touches 14.4%. A clean quarter, but a routine filing.

— 4 earlier stories on Tech Mahindra Ltd. →

TECHM By Tipsheet Editorial 16 Jul 2026 · 4:13 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 YoY

What's new

Net profit up 28.4% to ₹1,465 cr, revenue up 17.7% to ₹15,712 cr.
EBIT margin improved to 14.4%.
New deal wins hit US$1,078M, up 33% YoY.

Why this matters

Tech Mahindra delivered broad-based growth and margin improvement. But this is a routine quarterly update — no guidance change or strategic pivot. The market already knew the trajectory. A clean quarter, not a catalyst.

What we're watching

Whether margin can sustain 14.4% through FY27.
Conversion of the US$1,078M deal pipeline into revenue.
Any guidance update on the next concall.

The full read

Tech Mahindra's Q1 numbers are clean. Net profit jumped 28.4% to ₹1,465 crore. Revenue came in at ₹15,712 crore, up 17.7% year-on-year. The EBIT margin rose to 14.4%. Deal wins hit US$1,078 million, up 33%. A strong quarter, but the filing is routine. The market had already absorbed the trajectory from prior commentary. The stock trades at a 29.3x trailing P/E. The open question is whether the 14.4% margin can hold through FY27.

Questions answered

How much did Tech Mahindra's net profit grow in Q1?: Net profit attributable to shareholders grew 28.4% year-on-year to ₹1,465 crore.
What was the revenue and EBIT margin?: Revenue rose 17.7% to ₹15,712 crore. EBIT margin expanded to 14.4%.
What were the new deal wins for the quarter?: New deal wins totaled US$1,078 million, up 33% year-on-year.
Why is this considered a routine filing despite strong numbers?: The results were in line with market expectations from prior management commentary. No unexpected corporate action or strategic update was announced.

Mentioned: US$1,078M deal wins · EBIT margin 14.4% · 28.4% net profit growth

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 · 4:13 PM IST Tech Mahindra Q1 profit up 28%, deal wins hit US$1,078M
12d ago Tech Mahindra's margin streak hits 11 quarters, deal wins jump 33%
12d ago Tech Mahindra Q1 profit jumps 28%, deal wins jump 33%
12d ago Tech Mahindra Q1 profit jumps 28%, deal wins hit $1,078M
12d ago Tech Mahindra Q1 profit jumps 28%, deal wins hit $1,078M