One thing I would like to point out that, Mgmt had guided for 20% rev growth in Q4fy24 and did achieve that guidance, despite some issued faced by the mgmt.
^ One of the Expedia partner sites is getting consolidated & it was a big volume generator for us. And so, as a result of that strategic direction, we are seeing those volumes get reduced on one of these OTA sites.
^ One customer, renegotiate the pricing , because of the larger volumes we had to discount. We usually do not entertain, volume discounts. This was a one-off case where it was a, very large customer & the footprint that we have with them is quite significant. We had this one contract from DISHCO acquisition, where we were charging significantly & given the importance of this large customer, we had to entertain lowering the price. I don’t see this as a systematic trend.
^ On Martech, we had like a big large chain that bought like a mid-sized chain, which was a customer for us on the Martech side. So, we’ve seen some bumps.
Had these issues not been there, I think they would achieve higher revenue growth.
Disc: Invested & Biased.
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