Healthy order intake, positive vertical outlook to drive growth Revenue growth was strong at 14% YoY (dollar terms) mainly led by growth in the insurance, transportation & digital segment. The company divested GIS business, which accounted for ~4% of revenues and ~23.8% of EBITDA margin. This may impact Q1FY20E revenues, EBITDA margins and, henceforth, same numbers for FY20E. However, the acquisition of Whishworks (has revenues and margins comparable to GIS) will enable the company to recoup the loss of revenues and margins of GIS. On a yearly...