Ram Singh

Hello. Am I audible?

Sir, what I see is that we had peak margins of 18% and from 18% now we are around 13% of margin. So , are we going to improve from here? How would the margin trajectory be from here? That would be my first question. Secondly, sir, we have grown by 33% and our guid ance is of 20% growth. So, are we conservative in terms of revenue guidance? Are we going to have a beat? These are my two questions.

Sir, my question is now we have come to 13% round, so how the margin trajectory would be from here onwards? Q1 was the bottom or not?