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tech mahindra: New Tech Mahindra structure to help drive innovation, improve margins & growth: CEO Designate Mohit Joshi

Tech Mahindra s CFO, Rohit Anand, discussed the impact of the current demand environment on the company s operational drop and revenue. He mentioned that while deal wins have improved, it will take time for them to convert into revenue. Anand also highlighted the company s focus on defining its core areas of focus and continuing the cost and revenue restructuring exercise. CEO Designate, Mohit Joshi, emphasized the importance of service resilience, service line innovation, and improving margins in the company s new organization structure. ....

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Tech Mahindra revenue down 6% amid challenging demand environment

Global IT services giant Tech Mahindra Ltd. reported revenue yesterday fell 5.9% year over year on a constant currency basis to $1.55 billion in its fiscal second quarter ended 30 September. The decrease was 5.1% on a reported basis. ....

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Tech Mahindra Q2 2023 Net Profit Down 61 YoY To Rs 494 crore - BW Businessworld

The company reported total revenue of Rs 12,864 crore, marking a 2.2 per cent decrease compared to the previous quarter and a 2 per cent decline year-over-year, , tech mahindra, Q2 FY24, quarterly results ....

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tech mahindra: Tech Mahindra Q2: Profit down 61%, lowest QoQ growth among peers

Quarterly net profit stood at Rs 494 crore, with the sharp fall coming at a time when all leading industry peers have given a bleak FY24 guidance due to a delay in decision-making and cuts in discretionary spend. ....

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Tech Mahindra revenue down 6% amid challenging demand environment

Global IT services giant Tech Mahindra Ltd. reported revenue fell 5.9% year over year. ....

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