Tech Mahindra Q1 FY 2025-26 Quarterly Results
- 1d ago
Result Summary
- Tech Mahindra Ltd reported a 2.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.2%.
- Its expenses for the quarter were down by 0.3% QoQ and 0.2% YoY.
- The net profit increased 69.9% QoQ and increased 30.5% YoY.
- The earnings per share (EPS) of Tech Mahindra Ltd stood at 12.9 during Q1 FY 2025-26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 13569.50 | 13244.80 | 13150.20 | 2.5% | 3.2% |
Total Expenses | 11951.90 | 11983.40 | 11974.70 | -0.3% | -0.2% |
Profit Before Tax | 1617.60 | 952.70 | 1175.50 | 69.8% | 37.6% |
Tax | 489.30 | 294.90 | 313.30 | 65.9% | 56.2% |
Profit After Tax | 1128.80 | 664.20 | 864.80 | 69.9% | 30.5% |
Earnings Per Share | 12.90 | 7.50 | 9.60 | 72.0% | 34.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Tech Mahindra Ltd is a leading provider of IT services and solutions, operating primarily in the technology industry. As a part of the Mahindra Group, the company offers a wide range of services including IT consulting, application development, systems integration, and business process outsourcing. Tech Mahindra serves various sectors such as telecommunications, banking, healthcare, and manufacturing, tailoring its services to meet the specific needs of each industry. The company is recognized for its focus on digital transformation, cloud computing, and cybersecurity. Recently, Tech Mahindra has been exploring advancements in artificial intelligence and machine learning to enhance its service offerings and maintain competitive advantage in the rapidly evolving tech landscape.
Tech Mahindra Revenue
During the first quarter of fiscal year 2026, Tech Mahindra Ltd reported a total income of ₹13,569.50 crores. This represents a quarter-over-quarter (QoQ) increase of 2.5% from the previous quarter (Q4FY25), where the total income was ₹13,244.80 crores. Comparatively, on a year-over-year (YoY) basis, the total income increased by 3.2% from ₹13,150.20 crores in Q1FY25. This steady growth in revenue signifies consistent performance across the quarters and over the past year.
Tech Mahindra Profitability
Tech Mahindra's profitability in Q1FY26 saw significant improvements. The company's profit before tax (PBT) rose to ₹1,617.60 crores, marking a substantial QoQ increase of 69.8% from ₹952.70 crores in Q4FY25. Compared to Q1FY25, there was a YoY increase of 37.6% from ₹1,175.50 crores. After accounting for tax expenses, which rose to ₹489.30 crores (a QoQ increase of 65.9% and YoY increase of 56.2%), the profit after tax (PAT) was recorded at ₹1,128.80 crores. This reflects a 69.9% QoQ growth from ₹664.20 crores in Q4FY25 and a 30.5% YoY increase from ₹864.80 crores in Q1FY25. The earnings per share (EPS) also demonstrated a strong performance, increasing by 72.0% QoQ to ₹12.90 from ₹7.50, and by 34.4% YoY from ₹9.60.
Tech Mahindra Operating Metrics
Tech Mahindra's operating metrics for Q1FY26 highlight an efficient cost management strategy. Total expenses slightly decreased by 0.3% QoQ to ₹11,951.90 crores from ₹11,983.40 crores in Q4FY25, and by 0.2% YoY from ₹11,974.70 crores in Q1FY25. This effective control over expenses, despite the increase in revenue, contributed to the overall improvement in the company's profitability metrics. The company's ability to manage its total expenses while achieving revenue growth is a key aspect of its operational efficiency for the quarter.