Q2FY25 Review: IT sector saw moderate deal wins, weak second half outlook, says JM Financial
- Posted on November 1, 2024
- By Financial Express
- 2 Views
Q2FY25 Review: IT sector saw moderate deal wins, weak second half outlook, says JM Financial
The sharp moderation in deal TCV could be explained by two factors - one, stock of mega deals being exhausted as enterprises are done with the bulk of their cost reset, and vendor consolidation exercises; two, ACN has gained share after its recent pivot towards large transformational deals.