IT Sector Q4 Earnings Preview: Topline Continues To Accelerate, Says ICICI Direct 
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IT Sector Q4 Earnings Preview: Topline Continues To Accelerate, Says ICICI Direct 


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Acceleration in digital technologies, improved demand post Covid-19, ramp up of previous deal wins and migration to cloud are driving revenues of IT companies.

Hence, we expect IT companies to report healthy Q4 FY21E revenues.

We believe improved traction in banking financial services and insurance, retail, manufacturing, hi tech and life-science will drive revenues in the quarter.

This, coupled with cross currency tailwind, will further boost revenue growth in the quarter.

Click on the attachment to read the full report:

ICICI Direct IT Q4FY21 Preview.pdf


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