https://www.ndtvprofit.com/research-reports/it-q4-results-preview-tighter-budgets-lower-discretionary-spend-key-dampeners-idbi-capital?utm_source=telegram&utm_medium=referral&utm_campaign=socialshare
We expect TCS and Wipro margins to report 52 bps and 40 bps increase due to absence of furloughs and higher utilisation.