It was a flattish performance for the company for Q3FY15. Sequentially, the numbers are just about OK.  It US$ revenue grew 4% (QoQ) at $79.52 million and Indian revenue rose 7% at Rs.495 crore. Net profit for the quarter rose 4% at Rs.74 crore. But the most cheering aspect of this quarter – the company has proposed a 1:1 bonus and this is sure to create a rosy haze over the dull numbers. The bonus is to celebrate its 25^th year of existence.

Its EBITDA for the quarter rose 4% at Rs.99 crore while margin slipped marginally from 15.5% to 15.1%. YoY, the fall in margin is very sharp, down from 21.6%. Services continues to contribute over 80% to the topline, led mainly by infrastructure and systems, contributing 55% to revenue, followed by telecom at 16%, financial service at 15% and life sciences at 13%. In terms of geographical mix, North America leads at 84.7%, Europe at 7.1% and RoW at 8.2%. Attrition has increased marginally from 14.1% to 14.7%.