Moneycontrol
Last Updated : Nov 01, 2017 08:03 PM IST | Source: CNBC-TV18

Communications business will see much faster growth going ahead: Tech Mahindra

CNBC-TV18’s Kritika Saxena caught up with Vineet Nayyar, Executive Vice Chairman of Tech Mahindra. He believes that the company will see growth in both their communication and North America business.

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Tech Mahindra has reported a good set of numbers for Q2. The dollar revenue beat Street estimates with a three and a half percent jump — coming in at USD 1,180 million.

Revenue in rupee terms came in at Rs 7,606 crore also ahead of expectations, net profit at Rs 836 crore.

CNBC-TV18’s Kritika Saxena caught up with Vineet Nayyar, Executive Vice Chairman of Tech Mahindra. He believes that the company will see growth in both their communication and North America business.

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If you are talking of telecom per se, we do expect there will be a marginal increase as we go forward but in communication — in a broader term — the growth will be much faster, he said.

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First Published on Nov 1, 2017 08:02 pm
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