18-July-2026
Corporate News
 
Tech Mahindra PAT up 8.2% in Q1; trails estimates
17-Jul-2026

Tech Mahindra posted 8.2% sequential rise in net profit for the first quarter of the fiscal at Rs 1,465 crore (Q4: Rs 1,353.8 crore), buoyed by healthy revenue growth, the tax tech major announced on Thursday. The net profit however trailed Bloomberg estimates of Rs 1,583 crore. Revenue for the quarter under consideration was up 4.2% sequentially at Rs 15,712 crore (Q4: Rs 15, 076 crore), beating Bloomberg estimates of Rs 15,458 crore.

News Source:- https://www.financialexpress.com/business/news/tech-mahindra-pat-up-8-2-in-q1-trails-estimates/4293758/