Tech Mahindra Ltd.

Tech Mahindra is eyeing to soon hit $7 billion revenue run rate for current fiscal year, out of which the telecom vertical is estimated to contribute $3 billion. The company has hit a run rate of $1 billion (about Rs 8,300 crore), from 5G solutions that it provides to telecom companies.

Tech Mahindra posted a 5 per cent decline in consolidated profit after tax at Rs 1,297 crore for December quarter. Revenue from operations, however, increased 20 per cent to Rs 13,734.6 crore from Rs 11,451 crore a year ago.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.