I mean, in the last three months or because the other companies that have reported, there might not have been such number on difference in the guidance here. Is the kind of $600 million [indiscernible] that we have seen, we haven’t seen that kind of a change in commentary over the past three months by any other player out there. So would like to basically give some color on how reliable is this environment that has caused us for this deterioration to the other companies in the sector of the industry.
Salil Parekh: So there, my sense is, if you look at our Q1 number, we have 1% quarter-on-quarter growth, which from what I have seen across the industries, maybe one of the strongest quarter-on-quarter growth. We have a clear view of what we see as we’ve been discussing on large and mega deals, giving us a strong growth orientation later in the year with some discretionary work, which is slowing in Q1. So I don’t have a sense for the other players. That’s how we see it. And if I look at Q1, we have a good outcome in terms of a solid quarter and looking at the industry, maybe higher growth Q-on-Q than many others.
Vibhor Singhal: Got it. And in terms of conversations with the clients, just a follow up on that, in terms of the conversations with the clients, I think you mentioned it before on the call as well. I mean how — I mean, what is the overall general conversation like when they put this dictionary part of the release on hold? I mean, do they want to do it given the weak macro at this point of time? Is there any rethinking on the part of whether they need this kind of spend at all? Are those original decisions being questioned itself start to begin with. What exactly is the nature of the conversation with the clients, which are putting these spends on hold?
Salil Parekh: So here, what we’ve seen is, again, in the industries, we referenced before, whether it’s financial services or telco or high tech, like clients the industries are going through a difficult environment themselves in the macro. They’re looking for help or support from their partners like us, where they put some projects which they perceive to be not immediately relevant for them on a pause or slowing. Those are the discretionary works that slow down and we will see as the environment changes, what happens there.
Vibhor Singhal: Got it. Great. Thanks for taking my questions and wish you all the best for the rest of the year.
Operator: Thank you. Ladies and gentlemen, that will be our last question for today. I now hand the conference back to the management for their closing remarks. Thank you and over to you.
Salil Parekh: Thanks. This is Salil. I just want to close out. Thank you, everyone for joining us. In summary for us really we’ve had a solid Q1, very good Q-on-Q growth, solid margins, excellent large deals and mega deals wins. This sets us up very nicely with some of the delays and the volume slowing more for the later part of the year. We’ve also got incredible traction in generative AI with AT projects and the Topaz work resonating with clients. We now put in place a stronger program on margin expansion, which is in play. Putting all of that together, we see this is a year where we’ll make that difference translate into mega deals and large deals and as we come towards the later part of the year, showing the realization of all of those. So thanks again, everyone for joining in, and look forward to catching up at the next quarterly call.
Operator: Thank you very much members of the management. Ladies and gentlemen, on behalf of Infosys that concludes this conference. Thank you all for joining us and you may now disconnect your lines.
