WNS (Holdings) Limited

Adjusted EPS of $4.42 to $4.68, assuming a diluted share count of approximately 45.9 million shares. Excluding the 21 cents of one-time benefit to tax and interest income in fiscal 2024, the midpoint of guidance represents an 8% increase in adjusted EPS. With respect to capital expenditures, WNS currently expects our requirement for fiscal 2025 to be up to $65 million. We'll now open the call for questions. Operator?

Thank you. Ladies and gentlemen, if you wish to ask a question at this time, please press star 11 on your telephone and wait for your name to be announced. If your question has been answered or you wish to remove yourself from the queue, Please press star 1 1 again. In the interest of time and to enable everyone on the call to participate, please limit your queries to one question and one follow up. Please stand by while we compile the Q&A roster. And the first question comes from Ryan Potter with Citi. Your line is now open.

Hey, thanks for taking my question. I just wanted to start on the kind of large deal execution. I know last quarter you mentioned that you signed four large deals and this quarter you've already signed one. Could you give some color on how those ramps of these large deals have progressed so far? Was there any revenue contribution from these deals in 1Q? And how much of revenue contribution from the ramps do you expect in 2Q? And then the one large deal you signed in one queue, how does that compare versus your initial kind of pipeline conversion expectations?