Tech Mahindra: Tech Mahindra records flat revenue growth in FY25
Tech Mahindra experienced flat growth in constant currency for both the March quarter and the entire fiscal year 2025. CEO Mohit Joshi attributed the stagnant revenue to deal closure delays in the hi-tech sector and a softer economic climate. Strategic decisions to reduce non-core and loss-making businesses also contributed to the flat revenue.
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Tech Mahindra is an India-based IT company that provides services such as data analytics, cloud computing and cybersecurity for industries including manufacturing and energy.
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