Tech Mahindra reported a consolidated net profit of ₹1,465.1 crore for the quarter ended June 2026, marking a 28.4% increase year-over-year.
The Indian IT services provider also posted a 15% rise in revenue from operations, which reached ₹15,605.5 crore compared to ₹13,569.5 crore in the same period last year.
The results confirm the market’s anticipation of a significant profit jump for the fiscal year 2027, driven primarily by the ramp-up of large-scale deals in the company’s telecom segment.
This performance underscores the resilience of Tech Mahindra’s core business lines despite broader challenges facing the Indian technology services sector.
The earnings release comes as peers like Wipro also announce their first-quarter results, highlighting a critical juncture for the industry as it navigates a challenging macroeconomic environment.
Tech Mahindra’s ability to deliver double-digit growth in both revenue and profit suggests that its strategic focus on high-value telecom contracts is paying off.