Despite a challenging Q1, Tech Mahindra CEO-designate Mohit Joshi is optimistic about medium- and long-term growth.
Tech Mahindra CEO-designate Mohit Joshi It will be difficult for Mohit Joshi to succeed given the difficult macroeconomic environment and Tech Mahindra's washout profits in the June quarter as he prepares to take over as CEO and MD. Despite the Q1 results, he is still sure that the IT services company will succeed in the medium to long term. IMAGE SOURCE - bqprime Joshi will assume the top position when CP Gurnani, the company's current CEO and MD, retires on December 19. Joshi joined the firm as a senior board member as of just now, and during the previous 4-6 weeks, he and Gurnani have met with clients and staff members at Tech Mahindra's offices both domestically and abroad. In his first earnings conference, Joshi said: "We have had a challenging set of results, but going forward, in the time I have spent with the company, I am confident about our medium and long-term growth. Gurnani called this quarter Tech Mahindra's "toughest quarter in the last five y...