Empowering Digitally Connected Communities

Outlook as published on 24th February 2023 ☐ Revenue to be higher by 7%-15% Operating profit (EBIT) to be higher by 10%-20% ☐ Cost rationalization in Q2 of 2023 to the tune of 5%-7% ☐ Cash recovery expected to grow by 12% to 18% Assumptions: Continued growth in market demand for our products and solutions Short term impact on EBIT combined with long term revenue benefits with investment in AIML capabilities Benefits of cost rationalization to be realized Q4 2023 onwards and extending into 2024 Foreign exchange rates are expected to remain at approximately current levels H

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