Stockrabit · Analysts
Questions across 1 call

Akshay Ramnani

Axis Capital

L&T Technology Services Limited

L&T Technology Services Limited CC-Dec23.pdf · 2024-01-16
Hi, thanks for taking my question. So, first question is on the geography side. So, Europe has been doing very well for us for the past 4 – 5 quarters & US at the same time has been flattish. So, can you explain this dichotomy and help us understand which verticals in Europe are doing well and which verticals in US are pulling the growth down?
Thanks for that detailed answer, Amit. So, another dichotomy which I wanted to tie in was your comment on the winter being over, and the headcount metrics which we saw are reducing this quarter. So, I guess last quarter also, we fell short of our initial target of getting 750 net adds. In H2, we were supposed to onboard 1,000 additional freshers, but it looks like it didn't happen in Q3. So, can you help us reconcile this dichotomy of a good demand visibility but a reducing headcount in Q3?