AI revenue helps Indian IT firms through Q2 slowdown
Indian IT companies faced a slowdown in growth during the second quarter. Demand from banking and finance clients, along with AI revenue, is helping them cope.
Quick glossaryBFSI, Q2
- BFSI
- Banking, financial services and insurance, the group of industries that handle money and risk for customers.
- Q2
- The second quarter, a three-month period in a company's financial year used for reporting results.
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