Company reported 477.1 Cr of revenue from operations, registering a growth of 10.9% QoQ and 12.7% YoY. During the period reported, company generated PBT of
Highlights of the Quarter Ended
Total Income at
Revenues from operations at
Operating Margin at 30.1%;
Highest ever PAT of
Net headcount of 6816, with industry leading attrition management of 6.1%
The growth was driven by strong performance in both key divisions
Embedded Product Design (EPD) grew by 9.3% QoQ, 14.5%
Transportation reported a smart recovery with revenue growth of 7.9% QoQ, led by deals and new projects in the automotive sector.
Healthcare business accelerated further with revenue growth of 24% QoQ, supported by key deal wins and customer additions.
Markets:
The company saw all-round market growth, with
The company received industry analyst recognition as a leader in its key industry verticals, and specialist leadership in growth areas such as OTT, ADAS, 5G and Network Transformation.
Commenting on the performance, Mr.
'It was a pretty satisfying quarter with all-round growth across industries and geographies. We continue to execute strongly on both top line and bottom line, with double digit QoQ revenue growth and industry leading operating margins.
Our Healthcare business continues to accelerate, while
We are seeing sustained recovery in the automotive market for the second consecutive quarter. This quarter has seen OEMs reinitiating key R&D programs, leading to resumption of projects as well as deals with
The growth in our design business has been equally satisfying. Customers are now recognizing the value of our integrated design and product engineering offerings to support innovation and enhanced customer experience, across verticals. We have also closed a large deal with a leading global technology company.
We are entering the fourth quarter and a new year with the reinforced confidence of a strong deal pipeline across markets and industries, and capabilities in product engineering, design and digital, that make our offerings more relevant and our market position stronger than ever before.'
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