Some other highlights from the concalls apart from the ones stated in recent posts.
- Attrition further lowered to 15.4% Vs 23.5% YoY
- Head count addition of ~1600 over last year. It is ~14.5% growth
- Although Q3 is seasonally soft due to holiday season, it seems the revenue growth rate is tapering off. FY22 sales growth: 45%
FY23 sales growth: 25%
Q3 FY24 growth: ~14%
Considering sky-high valuations, not sure if price would sustain 1100 levels.
Not invested, not a recommendation.
| Subscribe To Our Free Newsletter |
