IT services firms see better Q2 as deal flow picks up

Mumbai: India’s IT services firms are expected to report better numbers in the quarter to September, demonstrating the optimism they shared earlier of increased technology spending by global clients to deal with the Covid-19 pandemic induced economic crisis.

The virus outbreak hampered profit and revenue growth at the software services exporters in the previous quarter, but improvement in demand for technology services and a strong order book will be reflected in the results for companies including Infosys, TCS, HCL Technologies, Wipro and Mphasis, analysts said.