segment, which now contributes 23% of overall business. No surprise on profitability barring lower tax: GPM of 35% (-40bp QoQ), SGA of 18.9%. (-90bp) and consequently EBITDA of 16.1% (+50bp) were all in line driving SGA-led margin uptick in 2QFY18. PAT increased 31% QoQ to INR671m (est. of INR643m), led by a 21.8% tax rate in 2Q v/s 34.7% in 1Q. Strong commentary on deals, but soft on couple of segments: NITEC expects to close at least two large deals in 3Q, defined as TCV of USD20m+. However, softness in Government business in GIS and also in Morris JV due...