Flat growth likely to continue till Q4FY16: eClerx

eClerx Services will perhaps maintain its guidance of a flattish growth till Q4FY16 based on current visibility, says Rohitash Gupta, CFO of the company.Speaking to CNBC-TV18, Gupta says he expects operating margins to be above 30 percent and sees organic dollar revenue growth above 30 percent in FY16.  The company's attrition is higher at the junior level and would further moderate from current 35 percent, he adds.Below is the verbatim transcript of Rohitash Gupta’s interview with Reema Tendulkar & Nigel D'Souza on CNBC-TV18.Nigel: First half of the year looked quite good. You had guided that in fact this second half may not be that good and maybe we could see flattish revenue growth for next few quarters. How many quarters could be being seeing this flattish growth? Also we already two months in to this quarter how is it panned out?A: You are right that during our last call we had mentioned that the next few quarters will be flattish. We won’t be able to more specific in terms of whether it will be two quarters, three quarters or four quarters but as of now our visibility for that flattish trajectory is till this financial year end which is March quarter. Reema: So you don’t expect it to spill over into FY17 and therefore affecting your FY17 revenue growth?A: Let me layout the sensitivity of that commentary so basically we are expecting that lot of short-term projects that we undertook during H1 or on boarded during H1 they are supposed to contractually roll off during sometime in H2. Now it is very much possible that some of those projects may get extended in which case this flattish trajectory may move by one quarter or so. However, as of now given our current visibility I will still maintain that the flattish commentary is more appropriate for the year exit.