IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focus – FinSiddhi

IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focus

India’s leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that discretionary spending will remain constrained due to geopolitical issues affecting client budgets. As such, decision-making cycles are expected to prolong for upcoming quarters. Additionally, AI advancements are predicted to impact traditional services and revenue generation timelines.
Read more at The Economic Times

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.