Business Standard

Our business is doing well in the US, says Tech Mahindra vice chairman

Tech Mahindra beat the Street's quarterly estimate, as it improved margins by cutting costs

Vineet Nayyar
Premium

Vineet Nayyar, Vice Chairman, Tech Mahindra,

Romita Majumdar Mumbai
Tech Mahindra beat street estimates as it improved margins by cutting costs and focusing on efficiency. At the same time, the fifth largest IT services firm has been pushing for more digital deals, which now contributes to over 22 per cent of its revenues, says Vineet Nayyar,  vice chairman, Tech Mahindra in an interview with Romita Majumdar. Edited excerpts:

Your revenue from top 5 clients has been going down over the past few quarters. Is that intentional?

As we expand, revenue from top clients comes down. That is a consequence of growth. It is also partly affected by the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in