Tech Mahindra, a leading Indian IT company, reported stagnant growth in constant currency for the March quarter and the fiscal year 2025. CEO Mohit Joshi cited deal closure delays in the hi-tech sector and a weaker economic environment as key factors behind the flat revenue. The company’s strategic focus on trimming non-core and unprofitable ventures also played a role in the revenue stagnation. Tech Mahindra’s performance reflects the challenges facing the IT industry in India amidst global economic uncertainties. The company continues to adapt its business strategies to navigate these headwinds and drive growth in the future.