Persistent Systems Limited CC-Sep23.pdf · 2023-10-19
Yeah hi. Can you hear me?
Great! Thank you for the opportunity. 2-3 questions. Firstly, over the past 12 months, as you’ve seen demand slowing down across the industry, I just wanted to understand what has been your experience in terms of the ACV getting converted into revenues? Ha s that been complete 100% or have we seen delays in that? And the reason we are asking that is, while you rightly mentioned that your disclosures on ACV, TCV are among the best, it would just help us in understanding how the deviation could potentially be if the macro remains the way it is.