K. Krithivasan

You would expect the AI revenues to increase. You would expect some of the traditional revenues to slowly taper down.

We believe margin and growth are not conflicting with one another.

We remain steadfast in our ambition to become the world's largest AI-led technology services company, guided by a comprehensive five-pillar strategy.

Our AI services now generate $1.8 billion in annualized revenue and is growing at 17.3% quarter on quarter in constant currency.

We have delivered a good performance in the backdrop of continued macro challenges.

TCS will become the largest AI-led technology services company, enabling business, government, and society.

We are not chasing a particular number here, but we will continue to do this throughout the year.

We saw cost pressures in our customers causing previously unseen project costs, deferrals, and decision delays that resulted in less-than-expected revenue conversion.

If there are no further delays, Q2 should be at least better than Q1, but we need to wait and watch based on what happens in the market.

We are not starting seeing that so far. Because, as you know, even with China, they have a framework deal. The actual deal and tariffs have not been announced.