Tech Mahindra share price jumps over 3% after strong Q1 results 2026 - Should you buy, sell, or hold the IT stock?

Tech Mahindra Q1 results 2026: IT major Tech Mahindra share price jumped over 3% on Friday, July 17, after it posted strong earnings for the quarter ended June 2026 (Q1FY27).

The IT major posted a consolidated net profit of ₹1465.1 crore, up 28.4% as against ₹1,140.60 crore in the same quarter last year. Meanwhile, its revenue from operations rose 15% to ₹15,605.50 crore versus ₹13,569.5 crore in the year-ago period.

Tech Mahindra reported revenue of $1.66 billion during the June quarter, registering a 6.1% increase year-on-year and a 2.2% rise compared with the March quarter. In constant currency terms, revenue grew 6.6% year-on-year and 2.6% sequentially.

The stock rose as much as 3.4% to its day's high of ₹1,562.90 on BSE.

Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior Sub Editor at LiveMint. Over the years, she has developed a reputation for sharp editorial judgement, a strong grasp of market dynamics, and the ability to translate complex financial developments into clear, engaging stories for a wide audience. <br><br> Her core areas of coverage include stock markets, leading listed companies, currencies, and commodities, with a particular strength in fast-paced, real-time market reporting. She is known for handling breaking market news, earnings-driven stock movements, and macroeconomic developments with speed, accuracy, and context—qualities that are essential in financial journalism. <br><br> Pranati has built a diverse and credible professional track record across some of India’s most respected news organisations, including MintGenie, CNBC-TV18, Business Standard and EconomicTimes.com. During her stints at these platforms, she produced data-driven market stories, curated and steered live blogs during volatile trading sessions, and conducted interviews with market veterans, fund managers, economists, and industry experts. Her work often combines on-ground reporting with analytical depth, helping readers make sense of daily market fluctuations and longer-term trends. An alumnus of the Symbiosis Institute of Media and Communications and Hansraj College, University of Delhi, Pranati brings a strong academic foundation to her journalism. She specialises in real-time financial reporting, with a keen focus on precision, balance, and insight, aiming to decode market movements in a way that is both informative and accessible to readers across experience levels.

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