Tech Mahindra shares decline over 2% after Q1 earnings

New Delhi: Shares of IT services firm Tech Mahindra declined over 2 per cent on Thursday after its June quarter net profit declined sequentially.

The stock dropped 2 per cent to Rs 1,575 on the BSE.

At the NSE, shares of the firm went lower by 2.21 per cent to Rs 1,572.30.

Tech Mahindra on Wednesday reported a nearly 34 per cent year-on-year increase in consolidated net profit to Rs 1,140.6 crore for the quarter ending June 30, 2025, on the back of growth in communications and financial services verticals.

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