15 Oct 2025 | 5 Mins Read

Tech Mahindra's Q2 Results Disappoint Investors Despite Operating Success

Flipitmoney

Tech Mahindra reported better-than-expected Q2 earnings with 1.6% constant currency revenue growth, beating estimates. The company reaffirmed FY27 guidance, aiming for growth above industry average and a 15% operating margin. Brokerages have mixed views, with CLSA maintaining 'High Conviction Outperform', and Jefferies retaining 'Underperform' due to challenges in FY27.