Some quick notes from the con-call held on 20241025:
- Average billing per hour rate from India – 15$ to 18$. From USA – 28$ to 50$ (These are very broad estimations)
- Increasing focus towards RPA, Data Engineering, AI
- The LOI which was mentioned in previous quarterly call, though the discussions with that entity had moved forward where company had started carrying out due-diligence. However after a month into it, the entity went through some changes, and hence due-diligence process was stopped. It could take another 6 months before things can move forward with this entity in question.
- Meanwhile, there are some serious discussions going with another entity, though no LOI has been issued yet.
- Outside India, company is focusing more in North American markets, with some focus also in African markets. Europe is out of consideration as of now.
- The margins going ahead are expected to improve, or at the very least should be able to sustain on the current lines.
- The core management team has been working together for past 20 Years.
- Continuing to make investments to keep developing IP’s
Please feel free to add if I missed out on anything.
| Subscribe To Our Free Newsletter |
