Tech Mahindra anticipates a slight revenue decline in constant currency for Q1 FY26 due to weakness in the hi-tech sector and seasonal softness in its BPO business. Despite Comviva’s support, core segment drags are expected to dominate. However, PAT is projected to increase significantly YoY, with strong deal wins expected, reaching around $750 million.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets