Bulk of 5G-centric spends to be pushed: TechM's CP Gurnani, Manoj Bhat

"Huawei continues to remain our customer. But they are going through their own cycle, in terms of the US (sanctions) and Covid-19 impact," said TechM's CFO Manoj Bhat

Tech Mahindra (TechM) delivered better-than-expected numbers in the June quarter on the back of various cost optimisation measures. In conversation with Sai Ishwar and Debasis Mohapatra, the information technology services firm’s Chief Executive Officer and Managing Director C P GURNANI and Chief Financial Officer MANOJ BHAT said even though the demand environment remains ambiguous, things have unlocked with the world economies opening up. Edited excerpts:

Most of TechM’s larger peers have indicated that the peak of Covid-19 pain is over and the worst may be behind us. What’s your reading of the environment?

Gurnani: For anyone to say they know