Motilal Oswal expects flat revenues in the second quarter due to macro impacts and continued weakness in the communications, manufacturing and energy & utilities sectors.
IT services margins are expected to remain stable as progress continues to reduce activity for low-margin enterprises and low-potential customers.
U.S. demand is expected to improve, particularly at BFS, with significant activity at Capco. Healthcare is also gaining momentum in the payer, provider and life sciences sectors.
Key points to monitor include comments on the consulting industry’s recovery and new management’s strategic initiatives.
(Reservation: Recommendations, suggestions, views and opinions of experts are their own. They do not reflect the views of The Economic Times)
