Tech Mahindra reported a 92.6% year-on-year increase in net profit, reaching $115 million for Q3 2024, despite seasonal challenges in the IT sector. The company secured $745 million in new contracts and plans to hire 6,000 freshers. CEO Mohit Joshi emphasized advancements in AI and the launch of GenAI-powered solutions. CFO Rohit Anand noted improved operational efficiencies and ongoing investments for sustainable growth, including the integration of generative AI into business processes.