Newgen Software Technologies Limited CC-Jun24.pdf · 2024-07-18
Yes and thanks for the opportunity. Sir we had said that obviously, in mature market the product companies are not able to penetrate to an extent that they would have like to, but then on the other hand we do have a huge Middle East market also wherein also we have a very important play. So how do you compare these two markets especially given the fact that you as a company are targeting 20%, 25% top line growth and US could be a critical component of that overall growth aspiration?
So sir the initiatives that you talked about possibly we ended FY '24 with around 22% EBITDA margin, how much of the incremental margins are you willing to invest into all these initiatives?