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Tech Mahindra reported a 5.3% quarter-over-quarter growth in revenue driven by a 12.2% increase in BT revenue. The company realized $20 million from the BTGS deal in Q4 compared to $10 million in Q3. EBITDA margin declined slightly to 21.8% as currency appreciation and transition costs offset reductions in costs. Tech Mahindra aims to focus on large deals, having signed five to six large deals in the last three quarters totaling over $2 billion in backlog for the next four to five years. The analyst revised

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