Tech Mahindra Limited

rs,

hindra.com CIN L64200MH1986PLCO41370 16th July, 2025 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code : 532755 National Stock Exchange of India Limited Exc

11.1%

h Mahindra. All rights reserved. 2 Q1 FY26 – At a Glance A Promise of Revenue $ 1,564 Mn EBIT 11.1% PAT Margin 8.5% FCF $ 86 Mn New Deal Wins $ 809 Mn Copyright © 2025 Tech Mahindra. All rights

8.5%

hts reserved. 2 Q1 FY26 – At a Glance A Promise of Revenue $ 1,564 Mn EBIT 11.1% PAT Margin 8.5% FCF $ 86 Mn New Deal Wins $ 809 Mn Copyright © 2025 Tech Mahindra. All rights reserved. 3 M

44%

rengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44% on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geogr

1.0%

ndra. All rights reserved. 5 Financial Highlights Q1 FY26 Revenue • USD Revenue of 1,564 Mn up 1.0% QoQ and up 0.4% YoY • Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 C

0.4%

reserved. 5 Financial Highlights Q1 FY26 Revenue • USD Revenue of 1,564 Mn up 1.0% QoQ and up 0.4% YoY • Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ

1.4 %

ts Q1 FY26 Revenue • USD Revenue of 1,564 Mn up 1.0% QoQ and up 0.4% YoY • Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0

₹ 13,351

Mn up 1.0% QoQ and up 0.4% YoY • Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0.7% QoQ; BPS segment up by 2.9% QoQ Cashflow Met

0.2%

up 0.4% YoY • Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0.7% QoQ; BPS segment up by 2.9% QoQ Cashflow Metrics • • Fr

2.7%

Revenue (in cc) down 1.4 % QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0.7% QoQ; BPS segment up by 2.9% QoQ Cashflow Metrics • • Free Cash Flow at

0.7%

% QoQ and down 1.0% YoY • INR Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0.7% QoQ; BPS segment up by 2.9% QoQ Cashflow Metrics • • Free Cash Flow at $86 Mn Free Cash Flow to

2.9%

R Revenue of ₹ 13,351 Cr, down 0.2% QoQ and up 2.7% YoY • IT segment up 0.7% QoQ; BPS segment up by 2.9% QoQ Cashflow Metrics • • Free Cash Flow at $86 Mn Free Cash Flow to PAT% is 111% (on LTM basis)

“Thanking you, For Tech Mahindra Limited Ruchie Khanna Company Secretary Encl.: as above + > + + > + Earnings Presentation Q1 FY26 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + > + + > + + > + + + + + + + + + + Copyright © 2025 Tech Mahindra.”

“2 Q1 FY26 – At a Glance A Promise of Revenue $ 1,564 Mn EBIT 11.1% PAT Margin 8.5% FCF $ 86 Mn New Deal Wins $ 809 Mn Copyright © 2025 Tech Mahindra.”

“Even in an uncertain environment, our Project Fortius program continues to generate meaningful results and drive operational improvements.”

“6 Financial Trend Revenue (USD Mn) LTM Deal Wins (USD Mn) 1,589 1,559 1,567 1,564 1,549 2,055 2,018 2,382 2,955 2,680 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Earnings Before Interest & Taxes (EBIT %) Return of Capital Employed (ROCE) 10.2% 10.5% 11.1% 9.6% 8.5% 22.6% 23.8% 19.4% 20.2% 17.6% Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Copyright © 2025 Tech Mahindra.”

“9 People Highlights Total Headcount IT BPS Sales & Support IT Headcount mix Onsite Offshore IT Utilization and Attrition Utilization % Attrition % Q1 FY25 80,417 58,177 9,026 Q1 FY25 24.6% 75.4% Q1 FY25 86.1% 10.1% Q4 FY25 80,609 59,636 8,486 Q4 FY25 22.1% 77.9% Q4 FY25 86.3% 11.8% Q1 FY26 79,987 60,278 8,252 Q1 FY26 21.4% 78.6% Q1 FY26 85.0% 12.6% Copyright © 2025 Tech Mahindra.”

“13 Deal-Win Performance Total TCV Q1 FY26: $ 809 Mn − Selected as a key ‘growth partner’ by one of US-based leading consumer − Selected by a leading global fashion apparel brand for a multi-year strategic wireless operators for its Customer Operations transformation.”

“TechM will deliver end-to-end IT, digital solutions, and BPS services focused on transforming the customer’s enterprise back office - enhancing experience, efficiency, agility, and resilience and delivering superior business outcomes.”

“17 Financial Statement in USD millions Revenue Direct Cost Gross Profit SG&A EBIT Other Income Miscellaneous + Interest Income Exchange Gain / (Loss) Profit Before Tax Provision for tax Profit After Tax PAT % EPS (Basic) in ₹ EPS (Diluted) in ₹ Q1 FY26 QoQ YoY 1.0% 1.8% -1.0% -5.7% 5.4% 28.4% 10.9% -2.0% 0.4% -2.5% 8.2% -1.9% 30.2% 47.4% 33.5% 30.2% 1,564 1,117 448 222 172 26 22 3 189 57 133 8.5% 12.89 12.87 Copyright © 2025 Tech Mahindra.”

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Dear Sir/Madam, In furtherance to the outcome of the Board Meeting filed earlier today, 16th July, 2025 please find enclosed Quarterly Earnings Presentation to be made at the quarterly earnings conference call scheduled today, 16th July, 2025 at 5.45 p.m. (IST). This Intimation is also available on the website of the Company at the weblink: https://www.techmahindra.com/investors/ Kindly take the above on record. Thanking you, For Tech Mahindra Limited Ruchie Khanna Company Secretary Encl.: as above + > + + > + Earnings Presentation Q1 FY26 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + > + + > + + > + + + + + + + + + + Copyright © 2025 Tech Mahindra. All rights reserved. 1 Safe Harbor Certain statements in this presentation may contain ‘forward-looking statements’ identified by the use of forward-looking words or phrases and statements relating to our future performance and prospects for growth in FY2026 and beyond, our ability to achieve our financial,