Datamatics Global Services Limited (NSE: DATAMATICS) Q1 2026 Earnings Call dated Aug. 07, 2025
Corporate Participants:
Unidentified Speaker
Rahul L. Kanodia — Vice Chairman & Chief Executive Officer
Ankush Akar — Chief Financial Officer
Mitul Mehta — Executive Vice President and Chief Marketing Officer
Analysts:
Unidentified Participant
Grishma Shah — Analyst
Garvita Jain — Analyst
Dhanshree Jadhav — Analyst
Sumukh U — Analyst
Bimal Parekh — Analyst
Pratik Jagtap — Analyst
Presentation:
operator
Ladies and gentlemen, good day and welcome to Datamatics Global Services Limited Q1 FY26 earnings call. As a reminder, all participant lines will be in lesson only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance using the conference call, please signal an operator by pressing Star then zero on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Pratik Jakta from ENY Investor Relations. Thank you. And over to you sir.
Pratik Jagtap — Analyst
Thank you Bhavya. Good afternoon to all the participants in the call today. Welcome to Q1FY26 earnings call of Datamatics Global Services Ltd. The results and presentation have been already mailed to you and it is also available on the website of Datamatics. In case anyone has not received a copy of press release or presentation please do write to us and we will be happy to send you all to take us through the results today and to answer your questions. We have with us the top management of the company represented by Rahul Kanodia, Vice Chairman and CEO Ankush Akar, SVP and Chief Financial Officer Mithul Mehta, EVP and Chief Marketing Officer.
Rahul will start the call with the brief overview of the quarter on business which will be then followed by Ankush who will take us through the financials. Then we will open the floor for Q and A session. I would like to remind you that anything that is said on this call which gives any outlook for for the future or which can be construed as a forward looking statement must be viewed in conjunction with the risks and uncertainties that we face. These risks and uncertainties are included but not limited to what we have mentioned in the prospectus filed with SEBI and subsequent annual reports which you can find on our website.
With that said, I now hand over the call to Rahul sir. Over to you Rahul sir.
Rahul L. Kanodia — Vice Chairman & Chief Executive Officer
Thank you Prateek. A very warm welcome and thank you all for joining our quarter one FY26 earnings call. I will begin with the key highlights from our quarterly performance after which Ankush will walk you through the financial update. After that we will open the floor for a Q and A session. We delivered a healthy performance in quarter one FY26 reporting a revenue of 467.6 crores and 18.7% year on year growth though reflecting a 6% sequential decline. As quarter four traditionally tends to benefit from our tax processing business and we see a spike in quarter four.
Normally our EBITDA stood at 75.9 crores, a healthy margin of 16.2% on revenue driven by continued focus on operational efficiencies and cost optimization initiatives. We remain focused on sustaining this momentum throughout the rest of the financial year. 26 these efforts have led to a notable margin improvement in digital technologies. While digital operations margins remain stable, I would like to take a few moments to share the key updates of our business segments starting with digital technologies. I am pleased to report that our ongoing cost optimization efforts have led to an improvement in margins across digital technology segment.
There is a direct result of disciplined execution on operational efficiencies. On the innovation front, we made significant strides with AI driven solutions. We’ve successfully built AI agents tailored for key verticals including insurance, banking and logistics, showcasing the depth and versatility of our capabilities. We are also proud to be partnering with a leading bank in UAE where we are playing a pivotal role in helping them define their AI strategy and and established the AI center of Excellence. This is a long term strategic engagement that underscores our thought leadership in the AI space. A major Japanese consumer electronic company has selected our Intelligent Automation suite including truecap, truebot and Truebi to drive process automation.
This win validates the strength and the relevance of our intelligent automation offerings on the global stage. Moving to our digital operations business, we recently launched the latest version of Renato Order to Cash applications which now include our enhanced version of cash, credit and collection features. Notably, this upgrade introduces an AI powered collection agent which provides out of the box functionality to proactively follow up with customers on pending payments, driving faster collection and improved cash flows. Our deal pipeline continues to look healthy giving us visibility into the future. Growth in the Digital Experiences business We observed revenue and margin decline in digital experiences primarily due to one of our top 10 customers transitioning partially some of its operations into their captive unit.
We expect another customer to transition to their captive unit to their GCC in quarter four of this year. However, we have signed long term contracts with the large American optical retail chain to evaluate their omnichannel customer experience and with an American Pharma enterprise for the customer outreach initiative across these customers. We are implementing digital AI agents to augment human agents for delivering enhanced productivity and customer experience. Additionally, we are working on GCC offering as a growth driver for the organization. We have a good pipeline of AI based projects across all our lines of businesses. Some of the pilots we had done are now converting into full fledged commercial projects.
As far as tariffs are concerned, we see no direct impact on us. However, many customers are still trending slowly due to the tariff situation. I am proud to share that we recently celebrated a remarkable milestone, the 50th anniversary of Datamatics. Over the past five decades we have not only witnessed but also played a role in the evolution of India’s IT and BPO industries. What started as a bold vision of our Chairman and Founder, Dr. Kanodia has now grown into a resilient and innovative enterprise thriving through every wave of technological change. As we look ahead, I am truly excited about the future.
We stand at the forefront of a new technological revolution and Datamatics is strongly positioned to seize the opportunities it brings. A heartfelt thank you to our customers, employees and investors for being an integral part of this journey. With that, I will now hand over the call to our CFO, Mr. Ankush Akar. Over to you Ankush.
Ankush Akar — Chief Financial Officer
Thank you Rahul. Welcome everyone and thank you for joining us in Q1 FY26 earnings call. Let me take you through the financial performance for the Q1FY26. Our Q1FY26 revenue is stood at Rupees 467.6 crore reflecting a growth of 18.7% on year on year basis and a decline by 6% on quarter on quarter basis. Typically, the fourth quarter is a seasonally strong quarter with higher volumes which is followed by a sequential decline in first quarter. Our cost optimization efforts and enhanced operational efficiency helped us improve our EBITDA to rupees 75.9 crore, a growth of 1.9% on quarter on quarter basis.
On a yoy basis we grew by 47.7% which includes numbers from TNQ Tech. This reflects our commitment to improve performance despite macro environment challenges and softness in revenue. Our EBITDA margin for the quarter stood at 16.2% reflecting an expansion of 319 basis points on a year on year basis and 125 basis points on quarter on quarter basis our EBIT for the quarter stood at rupees 56.4 crore which which is up by 3.5% on quarter on quarter basis and 32.5% on year. On year basis our EBIT margin was at 12.1% reflecting an expansion of rupees 126 basis points on year on year basis.
Our PAT after non controlling interest was at rupees 50.4 crore up by 12.3% on quarter. On quarter basis our PAT margin stood at 10.5%. EPS for the quarter stood at rupees 8.52 per share reflecting a growth of 12.2% on quarter on quarter basis and 15.7% on year on year basis. In terms of segment, Digital Technologies contribution to total Revenue was at 31%, Digital Operations Contribution at 55% and Digital Experiences Contribution at 14%. Our Digital Operations Revenue for the quarter was rupees 255.6 crore and EBIT margin was at 16.4%. Digital Technologies Revenue for the quarter was rupees 144.4 crore and EBIT margin was 6.9%.
Digital Experiences Revenue for the quarter was 67.6 crore and EBIT Margin was 6.8%. We continue to maintain a healthy balance sheet. As of June 30th, 2025 our net cash and investments net of debts stood at 457.3 crore. Our bill DSO was at 56 days as of June 2025 as compared to 57 days as of March 2025. In terms of geographical footprint, US remains our largest geography with 55% of our business coming from here, followed by UK and Europe at 21% and India 16% and RoW at 8%. Our client concentration remains very healthy with top 5, 10 and 20 clients contributing to 25%, 38% and 52% respectively.
With this, I will now pass on the call to the operator to open the floor for questions. Thank you for your patience and continued interest in Datamatics.
Questions and Answers:
operator
Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press Star and one on their Touchstone telephone. If you wish to remove yourself from the question queue, you may press Star and two participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. The first question is from the line of Srinivasu K from tia. Please go ahead.
Unidentified Participant
Hi sir. Am I. Am I audible?
Rahul L. Kanodia
Yes, you’re audible.
Unidentified Participant
Thank you sir and congrats for the excellent set of numbers. My my question is about the your IP strategy for the AI. Like how does your A stack like True AI, True Cap, True Bot, how it actually differentiates from the Global players like UiPath or even Indian players like Nugent Software.
Rahul L. Kanodia
So in some ways we compete with them. So in some ways it’s similar. I do think that we have had an edge in terms of our partnerships with the OEMs like Microsoft and Google where we were able to implement a lot of the AI technologies into these platforms and that does give us a differentiator. Having said that competition is not going to be slow. They will catch up very soon. So yeah, we compete with them. We are in a similar space. But the fundamental difference is because Datamatics comes from a services background, we understand how to make sure that these products go live with the customer, whereas the others are purely product companies.
So once they sell a license, then beyond that, the success of that license really lies in the hands of the customer. Whereas in the datamarket’s case, we are able to ensure that it goes live and gives the customer an roi. And that’s why it gives us an edge.
Unidentified Participant
Okay, you also mentioned in your presentation that small language models and copilot integrations with Microsoft and Google. So is it used internally or offered commercially?
Rahul L. Kanodia
These are commercially done small language models are built specifically for each customer. So it is very customer specific copilot. Also we are using it internally plus we are implementing it for our customers as well. And many customers have bought the licenses but they struggle to get an ROI from it or struggle to really implement it. And that’s where we make sure that they succeed.
Unidentified Participant
Okay, so what is your go to model for monetizing this AI, sir? How are you pricing them?
Rahul L. Kanodia
So the price. So it’s not a product that has a standard price. A lot of this is customized depending on the need of the customer and depending on the integration that needs to be done with the customers enterprise systems. So I mean there’s no straight answer to how do we price it. But today AI is a little bit of a premium price so that we do see that premium coming in.
Unidentified Participant
So my last question, sir, his clients are able. His clients are asking for a based intelligent automation versus the traditional automation and rpa.
Rahul L. Kanodia
Yes, yes, that you see a significant move in that direction.
Unidentified Speaker
Okay. Also, also what happens is when there are certain use cases which traditional automation and AI solutions, automation solutions cannot address. So that’s when the AI is brought in. So they both have very, very clear use cases. It’s not that the traditional RPA is out of the window, it definitely has its set of use cases. But intelligent automation with AI driven RPA and IDP has reaches a little farther out into in terms of solutions and automation. So are you going beyond this document processing with respect to a. Yes. So document process is one component, but the moment you put RPA and then you put agent, it’s a very different game. It helps you do more complex tasks. You can automate much more complex tasks. You can go live much faster, faster because your training periods are less. So there are, there are definitely, you know, value Propositions around AI and a larger automation suite which is what comprises of idp, RPA agents and bi.
Unidentified Participant
Thank you sir. All the best.
Rahul L. Kanodia
Thank you.
Unidentified Participant
Sure.
operator
Thank you. A reminder to the participants, you may press star and one to ask a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. The next question is from the line of Krishma Shah from Envision Capital. Please go ahead.
Grishma Shah
Good evening to the management team and thanks for taking my question. Keen to know how we’ve done organically. I understand the integration of TNQ tech in our business. So year on year the growth looks fantastic. But if you could highlight how is the organic business done? How is the done? You know that should be helpful.
Rahul L. Kanodia
Sure. So on a sequential quarter basis we have degrown 6% as we have showed in our numbers on a year on year growth, I think we’ve had a mid single digits kind of growth. So it has been sort of muted. Going forward we see a similar trend because there’s a lot of slowness in the decision making that we see on the client. As far as Dextera and TMQ concerned, the integration is going smooth. I think they are both in a very stable situation. So we are in a good place with both these organizations.
Grishma Shah
So given that now Dixara is integrated and finished one year, I suppose now how has Dixara grown on a year on year basis for this quarter?
Rahul L. Kanodia
So this quarter is flat. But what’s happening now is that we see a lot more traction from our existing customer base and we’ve been able to take so the cross sell strategy it seems to be delivering and we’ve been able to take the Dextera expertise to a lot of our current and new opportunities. So that integrated offering, we see much more happening now. So it’s taken about a year, but we’ve started seeing that already. Last quarter, if you remember, we had talked about five customers where we were cross selling today in one quarter gone to eight.
So there are three additional customers. Hopefully this should pick up a little more as you go forward. So the other traditional sales team of Datamatics has now come up to speed with understanding their offerings.
Grishma Shah
Okay. And tnq, how has it grown year on year? I understand it was not part of Datamatics a year ago, but just to understand how the business has grown, TNQ.
Rahul L. Kanodia
Has shown a good growth quarter on quarter. Their profits are also very, very stable. So in fact that acquisition has turned out to be very good for Datamatics and I think it’s right now we are in the process of integrating it. So that will take a little more effort, but it’s going very smooth. And then shall we.
Grishma Shah
So quarter one last year to quarter one this year. TNQ has grown. 2% last year we were talking about quarter one of last year to quarter one of this year. Yes, yes.
Rahul L. Kanodia
Yeah, we’ve had a 2% growth, but you know, our sales cycle is about nine months roughly. So you can’t expect anything to change in one or two quarters.
Grishma Shah
Okay. And you know, on the margin side of if one looks at various segments, you know, margins on the digital experiences side has taken a significant dip. Is it just because of the customer migration that you spoke about?
Rahul L. Kanodia
That is correct. There’s a customer migration. And also what’s happened is when the customer migrates for to their captive, we might still have a headcount that remains with us for a while. Because you can’t. We are not rebadging. We are moving the people. So the people stay back, customer moves and it takes a quarter to sort of streamline that piece. But on that front, we are on the verge of signing some very good deals. So I think we will bounce back quite quickly.
Grishma Shah
Okay. And on the digital technology side, year on year we see improvement as highlighted by you because of operational efficiency. So do we see margins improving significantly as we close the year in this segment?
Rahul L. Kanodia
I think we will see another hundred basis points improvement at least. Probably. So overall at a company level, we will see between 50 to 100 basis points. It will vary. Digital technologies will be a little better. Digital experience will bounce back a little bit. So it will be a combination of all these things. Digital operations and the whole digital content would be very stable.
Grishma Shah
Oh, okay. And overall for the year, the organic business would grow like low single digits. And pnq, what’s the outlook?
operator
Sorry to interrupt. There’s a bit of echo from Krishna Ma’ am’s line.
Grishma Shah
Yeah, so, but I’m on the speaker.
Rahul L. Kanodia
Yeah. So I’m looking at a mid single digits kind of growth across the board. Across the board.
Grishma Shah
Okay. But TNQ business is supposed to deliver much better growth.
Rahul L. Kanodia
If you see the TNQ details, when we had acquired them, one of our strategies was to plug in our sales team into their operations and get that growing faster. It’s only been 2/4. The sales teams have connected. They’re talking to each other, they’re working together. So we should see an improvement. But the sales cycle is about 9 months to 12 months in our business. So yeah, you can’t, you will not see an uptick in one or Two quarters.
Grishma Shah
Okay, fine. Thank you and good luck.
Rahul L. Kanodia
Thank you.
operator
Thank you. Participants to ask a question you may press star and 1. We will wait for a moment while the question queue assembles. The next question is from the line of Garvita Jain from Seven Islands pms. Please go ahead.
Garvita Jain
Hello, my question is that we have new addition of customers and new orders so could you please clarify this order are out of USA or worldwide.
Rahul L. Kanodia
They are across the board. Usa, Europe, India and middle so I don’t have that breakup handy but across the board we are having new local acquisition mostly US and Europe. There’s a little more focus on Europe and the US so therefore there’s more more over there compared to India and Middle East.
Garvita Jain
Majority is from USA right?
Rahul L. Kanodia
Yes, it would be number one. Europe is also there but yeah, USA would dominate.
Grishma Shah
Okay, okay. Any number if you can give me what percentage.
Rahul L. Kanodia
I don’t have those numbers handy right now.
operator
Thank you. A reminder to the participants, you may press star and one to ask a question. We will wait for a moment while the question queue assembles. The next question is from the line of Danshri Jada from Choice Institutional equities. Please go ahead.
Dhanshree Jadhav
Yeah, thanks for taking my question. So you spoke about the growth to be mid single digit for all the three segments. So if you can throw some more light like are we seeing a turnaround led growth in digital technologies because margins have expanded quite strong there plus digital operations growth will be led by tnq. So just want to have a long term view on how our growth will look like for FY26 will be strong led by inorganic but going forward for FY27 also if you can throw some points.
Rahul L. Kanodia
Yeah this year we are looking at mid single digits as I mentioned there will be some of these will grow a little stronger digital experience as you saw had a little downswing and it will bounce back but net net at the end of the year will be a little under pressure. Having said that because the decision making has been slower because of all the tariff wars and uncertainties that we have. I’m not looking at an aggressive performance this year beyond the 5.6% that we talked about next three, three years. If you’re looking at that outlook.
I think on the back of AI I am looking at a very good outlook. Our pipeline is quite decent on that. A lot of our poc, the pilot projects are now converting into commercial projects and we should see a significant uptick in an AI led kind of operation. Boss in do de as well as DT across the board. So I, I Am very bullish about the next three years, but this year will be a little, a little soft.
Dhanshree Jadhav
Okay.
Rahul L. Kanodia
A lot of new acquisitions also based on some AI solutions that we’ve been able to showcase.
Dhanshree Jadhav
Okay. And regarding the margins we have said around, if I am not wrong, we have said expansion of 5,200 basis points. Right. For this year.
Rahul L. Kanodia
Yes. Yeah.
Dhanshree Jadhav
Okay. And predominantly will be led by or digital operations.
Rahul L. Kanodia
For sure. Some of it also coming from digital technologies.
Dhanshree Jadhav
Okay. Yeah. And. And the, I mean the turnaround and whatever new progress we are seeing on the AI front, AI LED offerings. So can, can I infer that going forward, FY27 28 also there would be a steady improvement in the margin profile that we are seeing currently.
Rahul L. Kanodia
So that we will see that you talk about next year and year after. So we have to see how I think pans out. It is beginning to show good productivity gains and therefore better margins. It also depends on how we are investing in it. Right now as we talked about that, we invest about 40 to 50 crores depending on investment. But I think we take that call towards the later part of this year.
Dhanshree Jadhav
So this 40 to 50 crores investment we have already done in FY25. Right.
Rahul L. Kanodia
So our annual investment is that in that range. Earlier we were investing in the IP development on robotics and IDP and things like that. And now we’ve sort of pivoted a little bit of that into AI. So there’s. We’ve reduced the investment in those IPs that we had traditionally putting the investment into AI generally to be more particular.
Dhanshree Jadhav
Great. Okay. Yeah, I think that’s it from my side. Thanks.
operator
Thank you. A reminder to the participants, you may press Star and one to ask a question. The next question is from the line of Srinivasu K from tia. Please go ahead.
Unidentified Participant
Hi sir. What is your hiring trends and utilization level?
Grishma Shah
Sir?
Rahul L. Kanodia
So that’s not a straightforward question. Utilization goes typically when you’re looking at bodies in the tech space, in the BPO space, digital operations and digital experiences, you don’t go by utilization. It’s really the volume that a person. If you see our attrition, our attrition is down. The industry overall is soft. So we do expect the attrition to remain under control quite a bit. In terms of headcount increase, it will be proportionate to our revenue because on the AI, on the IP side and the AI side we are still converting the pilots into commercial projects and that’s still going on.
So you’re not seeing the differential between the group. But however for example, on the digital experience side, increasingly we are now deploying AI agents versus human agents and AI agents are augmenting our human agents. So you see to some extent a disproportionate revenue increase compared to headcount increase. But right now it’s not clear because some of these still have to have an adoption by the client and right now they’re still kind of early stage of adoption.
Unidentified Participant
Okay, thank you. And what is your revenue outlook for FY26?
Rahul L. Kanodia
So as I said, we are looking at a mid single digit kind of growth in this financial year. Organic. Organic. Then of course you can bolt on the inorganic which is the key increase. Please.
Unidentified Participant
Thank you.
operator
Thank you. Participants, to ask a question, you may press star and 1. The next question is from the line of Sumuk from Korman Capital. Please go ahead.
Sumukh U
Hello. Am I audible?
Rahul L. Kanodia
Yes, you are.
Sumukh U
My question was. So we have a company called infobeam which is basically they have a partnership with Microsoft and they implement AI tools for their clients.
Rahul L. Kanodia
Your line is very unclear. Your line is very unclear. The audio is coming muffled.
Sumukh U
Right up now. Sir.
Rahul L. Kanodia
Hello. Yeah, yeah, a little better.
Sumukh U
Oh yeah. So my question was like how is your company different from infobeams? Because from what I know, even they do know they have a partnership with Microsoft and they do the implementation to their clients. So if you could throw some light on how you guys are different, that would be great.
Rahul L. Kanodia
So I don’t know Infobeam, so I really can’t comment on what they’re doing and what we’re doing. But, but companies like Microsoft and Google have tens of hundreds of partners globally. So I don’t think the partnership. The question is what kind of solution are we building along with these OEMs? And that’s what’s important. How do we jointly go to market and customize unique solutions for the customer base? I know that we are working both on the technical side with the technical R and D team, which is a very good engagement that we have and we are able to jointly go to market and build unique solutions for customers.
Now as far as infobeam is concerned, I really don’t know what they are doing, so I would refrain from any comment on that.
Sumukh U
Okay, thank you.
operator
Thank you. A reminder to the participants, you may press Star and one to ask a question. Ladies and gentlemen, this was the last question. I now hand the conference over to the management for the closing comments. Thank you.
Rahul L. Kanodia
And yeah, thank you.
operator
Sorry to interrupt. Sir, there are more questions. Okay, the next question is from the line of Bimal Parikh from Sunidi Please go ahead.
Bimal Parekh
Hello. Am I audible?
Rahul L. Kanodia
Yes, clear.
Bimal Parekh
Yeah. Thank you for taking the question. As you mentioned that this year you’re expecting, you know, a mid single digit kind of growth and the first quarter we’ve shown around a 17 or a 16% growth. So does that mean that the next few quarters. Are we looking at negative growth or no?
Rahul L. Kanodia
No, let me clarify. We are talking about organic growth at mid single digits. Then you bolt on the acquisition that we made with tnq. So therefore you’re looking at. So we showed a year on year growth of 18%. That should continue. That trajectory will continue. However, in Q4 it will be slightly different because last year Q4 we had the TNQ numbers reflecting in our numbers. So this year Q4 will not show that. So I’m differentiating between organization, organic and inorganic. So I think you will see it in the teams.
Bimal Parekh
I appreciate it. Thank you. Thank you.
operator
Thank you. The next question is from the line of Yogesh Bhatia from Sequent Investments. Please go ahead.
Unidentified Participant
Hi sir. So there are a lot of, you know, AI initiatives that we are taking across the dt, DO and ee. So I want to. Is there any sort of metric that we are tracking in which we can say that this growth is because of the AI initiatives and otherwise it’s the conventional growth.
Rahul L. Kanodia
That’S difficult because today we are infusing AI into every opportunity that we have because that is going to be the norm very, very soon. So across these three operations and some of the newer wins are on the back of the AI solution that we’ve been able to showcase. I think the days of the traditional services are numbered and you’re not going to see that. So it’s very difficult to pull out whether you. And you get very few. These are purely AI deals. They are all integrated with the DTDO dx. So pure AI you won’t find and then everything has AI.
So it’s very difficult to put pull out a number saying this is specifically due to AI. But we can see that because we were able to showcase some uniqueness and productivity improvement to the customer, we were winning those deals.
Unidentified Participant
Thank you sir. That should be all. Thank you.
operator
Thank you. Participants who ask a question, you may press star and 1. The next question is from the line of Bimal Parikh from Sunidi. Please go ahead.
Bimal Parekh
Sorry again sir, Just wanted to understand that you mentioned that this growth trajectory of around 18% will continue. Right. For the year.
Rahul L. Kanodia
Yeah. So if you’re looking at a year on year 18 in Q4, it will dip a little bit. Because Q4 numbers has the TNQ numbers. So. But yeah, you’re looking at them certainly. Mid teens.
Bimal Parekh
Mid teens for the year.
Rahul L. Kanodia
Yeah.
Bimal Parekh
And in terms of the ebitda, we will continue our higher ebitda. What we’ve shown or we plan to.
Rahul L. Kanodia
No, on the EBITDA, we see a improvement. Actually we see a 50 to 100% basis points improvement during the course of the year.
Bimal Parekh
Thank you. Thank you very much.
operator
Thank you. A reminder to the participants, you may press star and one to ask a question. Ladies and gentlemen, this was the last question. I now hand the conference over to the management for the closing comments. Thank you. And over to you, sir.
Rahul L. Kanodia
Thank you everybody for participating in our earnings calls. Really appreciate the time and attention that you’re giving to Diromatics. And thank you for your word of confidence in the company and our performance. I look forward to once again meeting all of you in the next quarterly earnings call. Thank you again.
operator
Thank you. On behalf of Datamatics Global Services limited, we conclude this conference. Thank you for joining us. And you may now disconnect your lines.