Tech Mahindra CFO Rohit Anand Optimistic About Future Growth Despite Q4 Profit Decline

Tech Mahindra on Thursday reported a 34.69 per cent decline in its March quarter net at Rs 1,117.8 crore due to narrowing profit margins. In an exclusive interview, Anand said that the company is witnessing "opportunities" in the "manufacturing vertical" of "certain segments moving ahead next year". "We have a certain decent pipeline in the healthcare segment and are working on internal healthcare to restructure it," Anand added. "Next year the focus is going to drive more synergy, benefit out of those acquisitions and the target is to drive almost 15-20% of synergy revenue as a percentage of the stand-alone number”, Anand added.