Tech Mahindra Jumps 4% as Strong Q1 Performance Extends Winning Streak

shares surged over 4% on Friday, 17 July 2026, extending gains for the third consecutive trading session after the company reported a strong set of Q1 results. On a consolidated basis, net profit rose 31.7% YoY to ₹1,486.3 crore, compared with ₹1,128.8 crore in the corresponding quarter last year. Revenue increased 17.7% YoY to ₹15,711.9 crore from ₹13,351.2 crore, reflecting healthy business momentum. The company also reported 6.1% growth in dollar revenue, which stood at $1,660 million versus $1,564 million a year ago. Operational performance improved significantly, with EBIT margin expanding by 330 basis points to 14.4%, compared with 11.1% in the year-ago period, supporting positive investor sentiment. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.