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TechM Q1 profit rises 34% to ₹1,141 cr
Business Standard
|July 17, 2025
Information technology (IT) services and consultancy firm Tech Mahindra on Wednesday reported a 34 per cent rise in its first quarter profit.
The Pune-headquartered firm's profit increased to ₹1,141 crore, compared to ₹851.5 crore a year earlier. The firm's profit fell 2.2 per cent from the last quarter.
Revenue for the quarter increased 2.7 per cent to ₹13,351 crore, helped by communications and banking financial services and insurance (BFSI) business. Both the verticals, which contributed 33.8 per cent and 16.4 per cent to the topline, were up 2.5 per cent and 4.7 per cent, respectively.
The results missed Bloomberg estimates on both profit and revenue, which were expected to be ₹1,195.1 crore and ₹13,422.3 crore for the quarter.
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