The company posted  a set of excellent Q2FY16 numbers with net profit showing a smart 70% (YoY) and 17% (QoQ) jump at Rs.68 crore. Revenue rose 6% at Rs.678 crore and the good news here – digital revenue was 15% of the total mix. Operating margins is what truly got the market excited as it jumped up 135 bps sequentially at 17.6%. In terms of dollars, revenue rose 6% at US$104 million though order intake went down from $97 million to $80 million.

In terms of geography, US showed a QoQ 6% growth, contributing 46% to total revenue. Europe, Middle East and Africa rose 6% and contributed 35% to revenue.  The company’s contribution from domestic business is pretty small at 9%. In terms of verticals, BFSI grew 8% on account of better growth in insurance business in US and NITL in UK. Travel and transport segment rose 7% and each of these segment, contributes 37% to revenue mix. Manufacturing/distribution contributed 8% and India government business reduced to 3%.

During the quarter, it added 364 people, taking the total tally to 9592 while attrition reduced to 13.7%. Utilisation rose to 79.7%.