Tech Mahindra soars on reporting 28% rise in Q1 consolidated net profit
Tech Mahindra is currently trading at Rs. 1553.00, up by 41.65 points or 2.76% from its previous closing of Rs. 1511.35 on the BSE.
The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1562.90 and Rs. 1532.50 respectively. So far 190913 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1850.00 on 03-Feb-2026 and a 52 week low of Rs. 1304.25 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,562.90 and Rs. 1428.40 respectively. The current market cap of the company is Rs. 150551.60 crore.
The promoters holding in the company stood at 34.97%, while Institutions and Non-Institutions held 56.08% and 8.95% respectively.
Tech Mahindra has reported a 3.44% decline in its standalone net profit at Rs 1,137.90 crore for the quarter ended June 30, 2026, as compared to Rs 1,178.40 crore for the same quarter in the previous year. However, total income increased by 9.11% to Rs 13,081.30 crore for Q1FY27 as compared to Rs 11,988.90 crore for the corresponding quarter of the previous year.
On a consolidated basis, the company has reported a 28.45% rise in its net profit at Rs 1,465.10 crore for Q1FY27, as compared to Rs 1,140.60 crore for the same quarter in the previous year. Total income increased by 15.00% to Rs 15,605.50 crore for Q1FY27 as compared to Rs 13,569.50 crore for the corresponding quarter of the previous year.
