Syntel, Inc. is a U.S. based company that provide integrated technology and business services. Their main office is located in Troy, Michigan but they provide their services through development centers which are located in both the U.S. and India. Listed below is a table providing Syntel’s annual income statement for the last four years.
As the table shows, Syntel’s revenue has been exponentially increasing for the last four years producing a positive gross profit every year. This bodes well for the company but as their total revenue and gross profit increase, their cost of revenue is also increasing as well. My question is how the company can maximize their profits by finding ways to decrease their cost