Despite Lower Projected Attrition, Margin Impact to Remain High for IT Companies | In the News

During the first quarter, top IT companies such as Tata Consultancy Services (TCS), Infosys, and Wipro reported an impact on margins of 150-240 basis points from salary hikes.

“Even if these pressures are mitigated, there are still pent-up costs which need to be passed through if margins are going to fully recover,” said Peter Bendor-Samuel, CEO of Everest Group.

Read more in Economic Times

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

"*" indicates required fields

Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.