Tech Mahindra shares in focus after Q1 profit jumps 34% YoY, misses Street estimates

Tech Mahindra reported a 34% YoY jump in Q1FY26 net profit to Rs 1,141 crore, though it missed estimates. Revenue rose 2.7% YoY, while EBIT margin expanded 260 bps. The company bagged $809 million in deal wins, with LTM TCV up 44%. Management cited steady execution, while headcount and attrition trends reflected ongoing workforce optimisation.