Tech Mahindra CFO: Europe investments will continue despite economic slump.

HomeBusinessTech Mahindra CFO: Europe investments will continue despite economic slump.

Published on

November 7, 2022

Tech Mahindra CFO Rohit Anand said the company will keep investing in Europe and the US to meet growth ambitions during the winter.
Anand said Tech Mahindra’s September quarter profitability fell 4% YoY due to continuous investment in growth areas.
Anand adds that European sales and marketing investments have increased quarterly deal values for the IT giant. “If you see, a majority of our agreements originate from Europe,” he remarked. After Europe’s success, we’re doing the same in America.”