Wednesday, July 5, 2023

Q1 IT preview: Weak macros signal dull quarter for IT firms may narrow guidance

India's top four information technology firms are expected to post only a marginal increase sequentially in fiscal first-quarter revenue in constant currency, as weakness in the banking and financial services (BFS) sector and persistently high interest rates in Europe and the US will weigh on their results, analysts said.

from Tech-Economic Times
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