Tech Mahindra reported Q1 FY26 revenue of $1.6 billion, down 1.4% QoQ in constant currency vs estimate of 1.0% cc decline.
(Photo: company website)
Tech Mahindra's Q1 FY26 revenue missed estimates due to continued weakness in manufacturing and client specific issue in Hi-tech. However, the communications segment, which was a key overhang, is now net positive and should support revenue momentum going forward.