https://www.livemint.com/market/stock-market-news/macro-woes-wage-hikes-to-impact-it-companies-q1-earnings-revenue-growth-seen-muted-margins-under-pressure-11688906503736.html
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7/9/23 at 12:49pm
Organization
Livemint
Author
Pooja Sitaram Jaiswar
Indian IT firms are expected to report weak earnings for Q1 of FY24 due to deteriorating macro conditions, wage hikes, and the impact of the US market. While midcaps may see some growth, large caps are expected to report flat revenue.
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