Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power

Indian IT companies are facing a challenging situation as they prepare to report their Q2 earnings. Despite securing more deals, these firms are struggling with weaker revenue growth and a decline in their pricing power. This means they are earning less from each contract, which could impact their overall profitability. The situation is concerning as it may indicate a slowdown in the industry's growth, affecting not only the companies but also the broader economy.

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Indian IT firms are seeing weaker growth and falling pricing power despite strong deal activity. This could impact investor sentiment and the sector's overall performance.

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