IT firms may take a 1-3% hit on margins as travel resumes - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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IT firms may take a 1-3% hit on margins as travel resumes

The cost benefits that accrued to software services providers till now due to Covid-19 related travel restrictions may be coming to an end. Executives at top IT companies signalled a return to pre-Covid-19 margins and revenue while announcing results for the September quarter.

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