IT firms to see strong Q3 despite seasonal quirks
Business Standard|January 04, 2022
Broad-based demand for digital, higher discretionary spends to help firms
- SHIVANI SHINDE
IT firms to see strong Q3 despite seasonal quirks

The October-December (Q3) quarter is generally La low season for the Indian IT services industry due to furloughs in its majority markets - the US and Europe.

But the third quarter of FY22 will be an exception owing to broad-based secular demand for high digital transformation expenditure and a greater discretionary spend.

Though the increased cost of hiring, rising salaries, and lower working-days may affect margins, many analysts say a falling rupee in relation to the dollar can help.

この蚘事は Business Standard の January 04, 2022 版に掲茉されおいたす。

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この蚘事は Business Standard の January 04, 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

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