Tech Mahindra shares zoom 13% on 3-year turnaround plan
Tech Mahindra launches Project Fortius as it aims to cut employee costs and hire freshers.
Tech Mahindra launches Project Fortius as it aims to cut employee costs and hire freshers.
"Q4 marks the low point in our year-on-year growth trajectory," says Tech Mahindra CEO Mohit Joshi.
Revenue from operations declined 5% year-on-year to ₹13,101 crore.
The IT company's revenue from operations rose 3.5% year-on-year to ₹13,159 crore.
Revenue of the IT services company jumped 24.6% year-on-year to ₹12,708 crore.