The first question is in terms of wage hikes. If you can remind us is it 3Q that you are looking at a wage hike this year?
Okay. And just a follow-up in terms of hiring. So given where the utilization is and where our headcount is ex of freshers, do you see a substantial headcount addition possibly more laterals skew in that given what you're talking on growth?
Thanks for the opportunity. I would like to ask this question a different way. You have close to $9.2 bn of net new deals in FY '24. In addition, you wi ll have net new from smaller deals as well, which you do not report. And in addition, there will be more deal signings in FY '25. Plus, you have indicated most of the 2Q deal flow will ramp in FY '25. So assuming whatever duration, ideally the you’re the guidance should have been more, but where are the l eakages in the existing business? And is discretionary demand worse in FY '25 versus FY '24?
Okay. And my second question was in terms of the 100 bps impact on margins because of renegotiation. Will that reverse immediately for us in 1Q? Or will it take time in terms of recovery?
Thanks for the opportunity. I would like to ask this question a different way. You have close to $9.2 bn of net new deals in FY '24. In addition, you wi ll have net new from smaller deals as well, which you do not report. And in addition, there will be more deal signings in FY '25. Plus, you have indicated most of the 2Q deal flow will ramp in FY '25. So assuming whatever duration, ideally the you’re the guidance should have been more, but where are the l eakages in the existing business? And is discretionary demand worse in FY '25 versus FY '24?
Okay. And my second question was in terms of the 100 bps impact on margins because of renegotiation. Will that reverse immediately for us in 1Q? Or will it take time in terms of recovery?
Yeah. Can you hear me?
Thanks for the opportunity. Just one question, Saurabh, in terms of other expenses, there was a Rs. 69 crore increase this quarter and this was more than a revenue increase. So, I just wanted to get a sense in terms of the nature of this increase, it more any bought out items or pass through elements which are driving this?
Yeah, hi. Can you hear me?
Sudhir, just one question on Cigniti. I was going through the numbers, almost 16% of sales for Cigniti is the cost of hired contractors. So is this related to more manual testing related work that they do or what explains this because this used to be even higher earlier?