$22mn (DE at $20mn) as the strong bookings in Licence-based deals in ERP segment (up 18% QoQ) boosted revenue recognition in Q2. Company won new orders worth US$26.5mn in Q2FY21 up 24% on QoQ basis, coming back to its pre-Covid run rate. Unexecuted order book stood at US$164mn (2x revenue), providing good revenue visibility. Qualified pipeline stands at $211mn while ARR at $28mn (37% of rev). EBIDTA margins declined 355bps QoQ on account on increased subcontracting in Q2 as well as unfavorable Fx swing of almost 1mn$. Adjusted for Fx EBIDTA margins improved by 170bps QoQ at 28.6%....