Tech Mahindra Q1FY26 deal wins surge 51% to $809 million

The IT major Tech Mahindra reported total contract value (TCV) of $809 million in new deal wins during the quarter, reflecting a strong 51 per cent jump year-on-year. These wins span multiple geographies and sectors, ranging from telecom and hi-tech to fashion, insurance, and manufacturing.

“Our performance is steadily strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44 per cent on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geographies,” said Mohit Joshi, CEO and MD, Tech Mahindra.