Coforge Ltd Q4 2023 Earnings Call Transcript

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

Question: Abhishek Shindadkar - Incred Research Services Private Limited - Analyst : Congrats on a good quarter. I just wanted to understand the growth rates in the fresh order intake and the executable book. So last year, the executable book growth was lower than the fresh intake while this year, it is the other way around. So how should we read that from a perspective of the quality of book and the tenure of book. If you can explain that, that would be helpful.

Question: Abhishek Shindadkar - Incred Research Services Private Limited - Analyst : That's helpful. What I was trying to understand is that fresh order intake growth lower than the growth of executable order book over the next 12 months. Historically, I mean the assumption right now is that there are a lot of cost efficiency deals which are larger in tenure. So that should have been reflected in these growth rates also, while the near-term transformation deals or shorter-term projects are more subsiding what the thought was and general perception is. So should we read anything from these 2 growth numbers and kind of correlate to the mix of book, or maybe we are thinking too far?