Tech Mahindra posts $1.6 billion quarter and $6.3 billion year
NewsBytes | April 23, 2026 1:39 PM CST
Mohit Joshi targets 15% operating margin
CEO Mohit Joshi says manufacturing and retail really boosted their numbers, and AI is playing a big role in landing new deals.
Their EBIT margins are up too: 13.8% this quarter versus last year's 10.5%.
Looking ahead, Tech Mahindra wants to push operating margins even higher (aiming for 15%) by focusing on smarter services, better efficiency, and smaller, targeted acquisitions instead of big buyouts.
They're also tweaking hiring plans as AI changes how teams work.
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