Major information technology (IT) services companies such as Tata Consultancy Services (TCS), Wipro, Infosys and HCL are expected to see a subdued December quarter.
It is traditionally a weaker season but also comes amidst big shifts in technology and the market. Pricing pressure on traditional services, slower renewal of projects and shifts at clients towards digital transformation that require engineers onsite and currency fluctuations are expected to impact the operating margin.
“The top-tier growth in constant currency will range between minus one per cent and 3.1 per cent on a sequential basis and 6.6 per cent to 13.1 per
It is traditionally a weaker season but also comes amidst big shifts in technology and the market. Pricing pressure on traditional services, slower renewal of projects and shifts at clients towards digital transformation that require engineers onsite and currency fluctuations are expected to impact the operating margin.
“The top-tier growth in constant currency will range between minus one per cent and 3.1 per cent on a sequential basis and 6.6 per cent to 13.1 per