The results of Indian IT services players in the just-concluded fourth quarter of 2021-22 are expected to reveal continuing growth momentum as demand surges on the back of digital transformations and the cloud shift, but analysts anticipate margins to be under pressure due to supply challenges.
Analysts covering the sector expect revenue commentary should be strong despite the Russia-Ukraine conflict and inflation.
Top-line growth will be driven by broad-based demand with a strong uptick for cloud, digital, cybersecurity, data analytics, and artificial intelligence, among other services.
Analysts across brokerages are estimating Q4 revenue growth rates in the range 1.5-5.3 per cent (constant