Q3 IT earnings likely to be subdued, analysts say
By
CS Mathew
Bengaluru: The October-December quarter is most likely to remain subdued for India’s IT sector, analysts told DH. The third quarter is a seasonally weak quarter for IT companies due to holiday furloughs, and fewer working days, all of which may impact revenue. While there’s optimism on revenue visibility, analysts are certain that it will take a few quarters to see a full recovery in the performance.