Coforge Ltd Q2 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ravi Menon - Macquarie Research - Analyst : So we saw pretty broad-based growth across all verticals. Can you explain BFS where I think most peers have struggled, but you actually shown pretty good growth.

Question: Ravi Menon - Macquarie Research - Analyst : One more follow-up if I may. Your BPS business also has held up pretty well. I know that you only have probably a small exposure to what you just spoked about it before, but can you speak about what are the areas that are growing well in BPS business.

Question: Vibhor Singhal - Nuvama Wealth Management Limited, Research Division - Analyst : I'm sorry, I joined the call late, so I hope it's the question that hasn't been answered. So Sudhir, just 1 question is on the margin guidance. I think for long, we have kind of guided margins on the adjusted basis. But at the end of the day, the ESOP cost that we gave, I think the ESOP cost that we adjust margins for is a part of the business, and it's part of the compensation that will get to employ. So any road map or any outlook as to when we could actually look at providing a margin guidance on a reported basis because I mean the gap between the 2, I mean, is quite big even for this quarter for multiple quarters. And eventually, that cost does translate keeping down to the profit numbers and eventually the profitability of the company. So any color on as to when we could probably really move to more of our reported basis margin guidance, which could help probably help get a better understanding of the profitability of the company? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 19, 2023 / 3:00AM, COFO.NS - Q2 2024 Coforge Ltd Earnings Call