We have started the year on a positive note, registering good growth in the first 2 quarters. This gives us a sound platform towards double digit growth for the whole year. The profitability during the quarter was impacted by wage hikes to the extent of around 180 to 200 bps. of revenue. Good growth, increased absorption of freshers onto projects, utilization improvement, productivity improvement and operational cost control helped us not only absorb the impact of wage hikes completely, but also report marginal improvement in the operational margins for the quarter. We need to continue the focus on profitability improvement and believe it will take a couple of quarters for a sustainable profitability improvement.
We can look at our business broadly into 4 buckets viz. Engineering (~ 36% of revenue), Business IT (~41% of revenue), Digital (~18% of revenue) and Products and Platforms (~5%). While engineering and digital will be the leading growth drivers for us during the year, we see decent opportunities in both Oracle and SAP, especially on the newer technologies and smart AMS areas.