IT services may grow 6-8% this fiscal, margins to be hit: Icra

BENGALURU: India’s IT services sector revenue is expected to grow 6-8% in dollar terms this fiscal year, on continued demand for newer digital services from clients, ratings agency IcraNSE -0.93 % has said.

IT firms reported higher deal wins in the preceding year, while net employee addition increased for a majority of companies, signalling stable demand for the IT services sector, it said.