Tech Mahindra’s CEO, Mohit Joshi, outlined a strategic plan during an analyst call, envisioning FY25 as a turnaround phase, FY26 for stabilization, and FY27 for reaping returns. Despite a 41% YoY decline in Q4 net profit to Rs 661 crore and a 6.2% drop in revenue to Rs 12,871 crore, Joshi is optimistic about FY25. The company aims for top-line growth surpassing peer average and EBIT margin at 15% by FY27. With a focus on AI integration and key verticals like telco, manufacturing, BFSI, hi-tech, and healthcare, Tech Mahindra aims for growth in the Americas, Europe, and other prioritized regions.
Tech Mahindra Unveils Three-Year Roadmap for Growth
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