Synopsis
IT margins have been slowing down and firms try to prop them up. However as shoppers lower spending, they’re unlikely to conform to upward revisions in pricing. Furthermore, if shoppers transfer to consolidate their distributors, margins will come beneath extra stress.
After the second-quarter ends in October 2022, Indian info expertise (IT) corporations had flagged heightened warning amongst shoppers as their largest markets — the US and Europe — have been grappling with inflation and financial uncertainty.The October-December quarter has all the time been seasonally weak for IT corporations. Deal-making slows down throughout Q3 and huge verticals like retail freeze their expertise operations in preparation for the
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