Indian IT's Q2 results to reflect growing digital transformation demand

Key metric to watch will be TCV wins, and attrition

The second quarter of the fiscal year is a seasonally strong quarter for the Indian IT services sector. Additionally the Q2 of FY22 will have the added impetus of demand being driven by digital transformation accelerated due to the pandemic. Though this quarter too will see a robust top-line growth, if one goes by Accenture’s performance, the numbers to watch out will be the total contract value (TCVs) and the attrition number.

Accenture numbers are generally a reflection of the broader trends in the IT services industry. Accenture guided for a 12-15 per cent growth for FY22 as it sees