Persistent Systems: However, the company, which reported a total contract value of USD 521 million in December, said the conversion of deal wins to revenues is not happening, as it was earlier because of the weaker sentiments.
The consolidated revenue for Q3FY24 was up 13% yoy to Rs 2,323.3 crore as compared with Rs 2,055.8 crore and up 2.2% quarter-on-quarter (qoq) from Rs 2,272.2 crore.
Get latest articles and stories on Business at LatestLY. Hyderabad (Telangana) [India], December 28: Narwal, a leading data, cloud & automation company disrupting the tech landscape and a proud innovator in providing exceptional IT services, is thrilled to announce that the company has been certified as a Great Place To Work® for the year Dec 2023 - Dec 24. This prestigious recognition, awarded by Great Place To Work®, the global authority on workplace culture, further solidifies Narwal's commitment to fostering a positive work environment for its employees. Business News | Narwal Earns Great Place To Work Certification, Recognizing Its Outstanding Workplace Culture.
IT services companies are expected to continue with cost cutting measures in the near future as enterprises across the globe are embarking on such cost reducing techniques. These cost cutting measures by organisations are expected to extend well into CY (Calendar Year) 2024