Q1 Preview: Deal Wins To Lift IT Firms' Revenue, Pressure Looms On Margin

Q1 Results Preview: Deal Wins To Lift IT Firms’ Revenue, Pressure Looms On Margin
Jul 08 2021, 12:40 PM
July 08 2021, 7:55 AM
July 08 2021, 12:40 PM
Analysts expect Infosys Ltd. to post a higher revenue growth than peers in the quarter ended June, helped by large deal wins and continued client spending towards technology as the Covid-19 pandemic accelerates digital adoption. But the impact of wage hikes and attrition may weigh on IT companies’ margin.Aggregate revenue of the five information technology companies on the Nifty 50 — Tata Consultancy Services Ltd., Infosys Ltd., HCL ...
Analysts expect Infosys Ltd. to post a higher revenue growth than peers in the quarter ended June, helped by large deal wins and continued client spending towards technology as the Covid-19 pandemic accelerates digital adoption. But the impact of wage hikes and attrition may weigh on IT companies’ margin.

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