Tech Mahindra management team said that FY26 is expected to be better than FY25 on the back of deal wins, acquisitions. In the post earnings press conference, Tech Mahindra executives said that they are seeing signs of stability in the communications vertical in Europe, Asia Pacific. The company executives maintained that there is volatility in discretionary spends in auto, manufacturing sectors and momentum to spend among US clients seen in January has stalled now due to volatility.