New Delhi: The shares of IT services firm Tech Mahindra will be in focus on Thursday, July 17, 2025. The company posted a 33.9 per cent increase in consolidated net profit for the first quarter of 2025-26 to Rs 1,140.6 crore.
According to a regulatory filing, the IT company had recorded a net profit (attributable to owners of the company) of Rs 851.5 crore in the year-ago period.
Tech Mahindra stock settled with gains at Rs 1,608.50 per equity share on 15th Wednesday. The company announced its financial results after the closing of market hours.
Tech Mahindra share details on BSE
Mcap Full (crore): Rs 1,57,554.55
Tech Mahindra Q1 2024-25 Results
The Pune-headquartered firm’s revenue from operations in April-June quarter of FY26 was recorded at 2.65 per cent higher at Rs 13,351.2 crore, while it stood at Rs 13,005.5 crore in the year-ago period.
The net profit was 2.2 per cent lower, while revenues saw a marginal decline of 0.2 per cent.
"Our performance is steadily strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44 per cent on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geographies," Mohit Joshi, CEO and Managing Director of Tech Mahindra, said.
Tech Mahindra’s LTM (last twelve months) IT services attrition was at 12.6 per cent. The IT services company’s total headcount stood at 148,517 as of June 30, 2025, an increase of 897 employees year-on-year.