Tech Mahindra Limited has informed the Exchange about Investor Presentation
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Awaiting price reaction for this filing.
Tech Mahindra filed its Q1 FY26 earnings presentation ahead of its quarterly results call on July 16, 2025. USD revenue came in at $1,564 Mn, up 1.0% QoQ and 0.4% YoY, though constant currency revenue fell 1.4% QoQ. EBIT margin expanded 50 basis points QoQ to 11.1%, marking seven straight quarters of margin expansion, while PAT was $133 Mn (margin 8.5%, slightly down QoQ but up 30.2% YoY). New deal wins were strong at $809 Mn, up 44% on an LTM basis, with a notable emphasis on AI and agentic AI deals across telecom, BFSI, healthcare, and energy. ROCE improved to 23.8%, free cash flow stood at $86 Mn, and IT headcount was trimmed by 622 to 79,987, though attrition rose to 12.6%.
The combination of seven consecutive quarters of margin expansion and a 44% LTM jump in deal wins points to improving fundamentals, but the QoQ constant-currency revenue decline and rising attrition cap the positive sentiment for the stock in the near term.