AI efficiencies shield Q2 IT margins from transatlantic macro headwinds

Seven of India’s top nine outsourcing companies either sequentially increased or maintained operating margins in the second quarter, as efficiencies tied to AI helped partially offset revenue deflation attributed to the technology amid persistent macroeconomic uncertainty on either side of the Atlantic seaboard.HCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s inc... Read more at: https://economictimes.indiatimes.com/tech/information-tech/ai-efficiencies-shield-q2-it-margins-from-transatlantic-macro-headwinds/articleshow/135194903.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst