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Rising Pricing Pressure to Effect Infosys Q4 Earnings
April 17, 2017
The appreciating rupee is likely to drag Infosys’ fourth quarter earnings. The appreciating rupee increases pricing pressure from top clients, hence minimizing the profit margin.
Infosys is India’s second-largest service provider in the IT sector, and in January to March period, a muted growth is observed.
In last seven weeks, the rupee has become the best performing Asian currency and this is affecting many companies due to the business model that they behold and the kind of clients that they have. Due to this increasing pressure, the industry has started watching the trends very carefully, so as to understand the effect upon the industry.
