IT Services Q2 Earnings Preview - Healthy Revenue Growth To Continue, Deal Flow To Remain Robust: KRChoksey

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..KRChoksey Research Report.We expect Top five IT stocks under our coverage are expected to report a U.S. dollar revenue growth of 3.5-6.5% QoQ, as the growth will be driven by recent strong deal wins, acceleration in adoption of public cloud model and decent broad based growth across geographies and verticals. Even as revenue growth is likely to be healthy, we expect Ebit margin to be divergent in Q2 FY22, given timing of wage hikes along with sales related investments. We have noticed that skill cost has increased in the market which leads to build a right sized pyramids to offset the increase in wage hike.Strong order book and deal pipelines are the fundamental base of the current valuation of the technology companies. The main focus will continue on order intake and management commentary because any quantifiable positive surprise can lead to further rerating of the covered IT stocks. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

IT Services Q2 Earnings Preview - Healthy Revenue Growth To Continue, Deal Flow To Remain Robust: KRChoksey

IT Services Q2 Earnings Preview - Healthy Revenue Growth To Continue, Deal Flow To Remain Robust: KRChoksey

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