The Q3FY16 numbers were muted, dull and staid. Net profit rose by less than 1% (QoQ) at Rs.6109 crore. Revenue in rupee terms was up 0.7% at Rs.27,364 crore while dollar revenue fell to US$4145 million. Operating margin for the quarter came in at 26.57%, down 48 bps.

Its international business constant currency revenue rose 1.1% (QoQ). Digital business showed a growth of 4% and this contributed 14% to total topline.

Growth in Q3 was holistic with all industry segments showing sequential growth with Life Sciences & Healthcare, Manufacturing and Hi-Tech leading the way. Europe and North America led growth in major markets while Latin America and Asia Pacific led the growth markets. Among service lines, Infrastructure Services and BPS were the leaders.

During the quarter, the gross employee addition was at 22,118 and this takes the total headcount to 3,44,691. Utilization was at 84.9% excluding trainees. Its number of $100M+ clients increased by 1 to 34; No of $20M+ clients increase by 2 to 173. The attrition rate (LTM) fell to 15.9%.