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Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.
Tech Mahindra delivered a strong Q1 FY27! Consolidated revenue hit ₹15,711.9 Cr, up 17.7% YoY, and Profit After Tax for owners jumped to ₹1,465.1 Cr, a 28.4% YoY increase. The IT segment saw 2.6% QoQ growth, largely driven by key verticals like Manufacturing (+17.2% YoY), BFSI (+8.1% YoY), and Healthcare...
Here's a concise, retail-friendly summary: 1. **Business Performance:** Tech Mahindra exhibits strong operational execution, adding 182 clients and achieving an industry-high NPS of 63. It also secured a Top 1% Sustainability ranking. 2. **Growth Drivers or Strategy:** Strategy centers on AI-led transformation ('Project Helix') for new capabilities and core service...
Tech Mahindra posted strong results for the latest quarter and financial year. **1. Business Performance:** FY26 revenue hit ₹56,815 Cr (+7.2% YoY), with EBIT surging 39.2% YoY to ₹7,152 Cr (12.6% margin). For the latest quarter, revenue was ₹15,076 Cr (+12.6% YoY), and EBIT jumped 48.3% YoY to ₹2,084 Cr...
Tech Mahindra posted a strong Q3 FY26, with revenue growing 8.3% YoY to ₹14,393 crore. Profit after Tax (PAT) increased 8.3% YoY to ₹1,117 crore, while Earnings Before Interest and Taxes (EBIT) surged 32.8% YoY to ₹1,886 crore. This boosted EBIT margin to 13.1% (up ~290 bps YoY) and operational...
Tech Mahindra aims for a significant turnaround by FY27, targeting profitable, sustainable growth above peers. FY27 goals include a 15% EBIT Margin and returning over 85% of Free Cash Flow. **Business Performance:** Currently in its FY25 "Turnaround Phase," the company saw FY24 revenue dip -4.7% YoY (constant currency). However, large...