It's a privilege to be part of the Tech Mahindra global family. 🌏 They've just released their Q1 results and it's fantastic to see the #ScaleAtSpeed strategy driving positive progress. It's also great to see the big strides being made in the banking and financial services space, with Target Group playing a key role. Check out the update below from Tech Mahindra's inspirational CEO Mohit Joshi. ⬇ #TechMahindra #FinTech #TargetGroup #WeAreFamily #ScaleAtSpeed
Today, we announced our quarter results. It has been encouraging to see positive momentum in most industry verticals which has led to revenue growth and margin expansion in an otherwise seasonally weak quarter. Our #ScaleAtSpeed narrative has been well received by customers, associates, and our stakeholders alike. I'm happy with the progress that we've made in aligning with the new service line structure. We have witnessed robust growth momentum in manufacturing while the healthcare vertical has grown significantly. We continue to be the leader in the telecom segment, and it positions us to be the preferred partner for the Al investments. In BFSI too, we are not only seeing some new opportunities in existing accounts, but we have also won new logos. Our select partnerships with Temenos and Guidewire are beginning to gather steam. We have seen growth in North America and the focused Asia Pacific markets portfolio, resulting in an improved share of revenue from that region in line with our strategic roadmap. The new deal wins for the quarter are well diversified in terms of industry verticals and key regions. I am particularly pleased to share the launch of TechM VerifAl to help companies move from pilots and experiment phase to enterprise level Al adoption. I truly believe that this is the missing link that has been hindering the wide scale adoption -- and will be a crucial component in building out the Al journey for our clients. It is also encouraging to witness the strengthening of our market positioning as we rise across analyst and industry advisor rankings. We have been recognized not just for our capabilities but also for leading with our sustainability practices. We have had a positive start to the financial year, and we will continue to focus on execution with our planned actions for building a long term and sustainable foundation for TechM. #TechMahindraOnwardsAndUpwards Press Coverage: https://lnkd.in/dmJBduxQ