IT Big 5 May Re­port Bet­ter No.s in Re Terms

The Economic Times - - Sports -

The top five soft­ware ex­porters are ex­pected to show bet­ter se­quen­tial rev­enue and profit growth in ru­pee terms for the March quar­ter than the pre­vi­ous quar­ter’s growth, re­ports Ran­jit Shinde. This will be largely due to 2.4% de­pre­ci­a­tion in ru­pee against dol­lar. The ru­pee-de­nom­i­nated rev­enues of the sam­ple un­der study are ex­pected to grow by 4.1% quar­ter-on-quar­ter and net profit by 1.8%.

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