The report also highlighted that the third quarter is typically weak for IT companies because of fewer working days and furloughs, which impact operations. Additionally, wage hikes are expected to further weigh on the margins of select companies.
It said "3QFY25 is expected to be seasonally weak due to lower numbers of working days and furloughs. The margin for few companies may see sequential drop owing to wage hike impact".
Despite the anticipated challenges, IT companies remain cautious about growth prospects. Key concerns include policy uncertainties under the new U.S. government, client-specific issues, and geopolitical tensions. Even with the beginning of interest rate reversals in key global markets, these headwinds continue to impact the sector.
この記事は The Business Guardian の December 06, 2024 版に掲載されています。
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