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VERIFIEDET Markets·neutral
Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power
AI Summary
- ·Indian IT firms are facing a mixed Q2 earnings season with persistent strong deal activity.
- ·Clients are demanding higher efficiency, resulting in a significant slowdown in revenue growth for IT companies.
- ·Large IT companies might report their slowest growth in three years, with Infosys facing scrutiny over potential revenue guidance revisions.