Fractal, an analytics leader, reported a 19% revenue growth for the fiscal year, despite facing challenges in its technology, media, and telecom (TMT) vertical, which saw a 19% decline. Co-founder Srikanth Velamakanni attributed this downturn to client-specific issues, including a major client's reduced engagement following a joint venture and another client's restructuring. Excluding TMT, Fractal experienced a robust 27% growth, particularly in sectors like banking and healthcare, where growth rates reached 40% and 80%, respectively. The company highlighted the increasing demand for enterprise artificial intelligence, which is expected to drive future growth, especially in industries focused on cognitive and process-intensive work. Fractal's net revenue retention rate stands at 112%, showcasing strong client loyalty and increased spending. While management did not provide specific revenue or margin guidance for FY27, they remain confident in the enterprise AI market's potential, despite acknowledging possible macroeconomic challenges ahead.