Aparna Iyer

“I wish you all a very, very happy New Year. Let me share a quick update on the financial performance. Our IT services revenue for quarter 3 grew 1.4% sequentially in constant currency terms and 1.2% sequentially in reported currency.”

“Let me cover the financial highlights for the quarter in a few key points. One, as a result of the strong in-quarter execution, we delivered about the top end of our revenue guidance range, growing 0.1% quarter-on-quarter in constant currency terms.”

“I'll share a quick update after which we'll open up for Q&A. On the IT Services revenue for Q2, we delivered a sequential growth of 1.3% quarter-on-quarter in reported currency and a growth of 0.6% in constant currency.”

“Let me quickly summarize the financial highlights for Q1 ‘25, post which we can open it up for questions. Our IT services revenues declined 1.2% sequentially in reported currency terms, which is a 1% decline in constant currency terms.”

“To just add to what you said, Thierry, that when the growth returns, obviously, you will see an uptick in the margins, but we also need to remind ourselves that we need to also invest for growth and that will also remain a key agenda for us.”