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Business Standard
|April 15, 2025
A sequential decline in revenues is expected from large IT firms, given muted demand, seasonal weakness, and lower billing days.
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Midcap IT majors are expected to outperform on the growth front.
Operating profit margins could increase year-on-year (Y-o-Y) for all companies though the extent will depend on timing of wage hikes, and the weakness in certain business segments.
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