Tech Mahindra Q1 FY27 results expected telecom-driven 40%+ profit rise

Business Jul 16, 2026

Tech Mahindra is set to announce its Q1 FY27 results today, and analysts expect profits to soar by over 40%.

The big push comes from new telecom deals, even as overall demand is a bit shaky due to global economic uncertainty and changing AI spending trends.

Revenue is also predicted to edge up slightly this quarter.

Brokerages estimate revenue ₹15,530cr and ₹15,290cr

ICICI Securities sees revenue hitting ₹15,530 crore (a solid 16.3% jump from last year), while YES Securities estimates ₹15,290 crore.

Improved margins are expected thanks to cost-cutting moves like Project Fortius.

Telecom leads the charge in growth, with steady support from BFSI and retail sectors, though high-tech and auto are still facing some bumps.