IT services growth rate is among the slowest over last decade

The softness seen in Q1 should continue across the board with no meaningful signs of recovery or deterioration in Q2. Our IT Services coverage universe should report a median revenue growth of 1.5 per cent QoQ/5.7 per cent YoY in 2QFY24, the report said.

IT services growth rate is among the slowest
This growth rate is among the slowest observed over the last decade, image- Pexels

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