Rubicon Research · tone and specificity signals across the available quarters.
Language signals
The root problem is it's a good problem to have because we are having more than anticipated demand and we had to actually do more outsourcing than what we actually invested at the start but I want to reaffirm as we had guided the operating EBITDA margin would remain stable and we stand by that.
We are expecting confidently to keep R&D spend above 500 crores if we look at fiscal 26, 27 and Q1 of 28 taken together... we believe that R&D productivity will continue to be along similar lines. So that gives you pretty strong visibility in terms of directionally where the revenue is going.
I think our pipeline is very very exciting. I can say from any time of the years before that I'm actually very very excited about what kind of pipeline we are on right now.