Motilal Oswal expects flat revenue in Q2 due to macro impacts and continued softness in Communications, Manufacturing, and Energy & Utilities.
IT service margins are expected to remain stable, with progress in trimming low-margin businesses and low-potential accounts.
Demand in the US is anticipated to improve, particularly in BFS, with significant activity in Capco. Healthcare is also gaining momentum across payer, provider, and life sciences sectors.
Key points to monitor include commentary on the recovery in the consulting business and strategic initiatives from the new management.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times)