Wipro Q4 preview: Covid-19 impact on business, update on CEO hunt eyed

Most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent in the constant currency (CC) terms.

The economic dislocation due to the outbreak of coronavirus (Covid-19) is expected to hit the March quarter earnings (Q4FY19-20) of Indian information technology (IT) companies, mainly in the form of revenue loss due to lockdowns, slower client decision and lower discretionary spending.

That apart, travel restrictions may impact new client wins, large deal closures and ability of the companies to ramp up projects, analysts note.

While the depreciation in rupee against the US dollar is a silver lining for them, the benefits of it, as per analysts, will be offset by a loss of billings (or decline in utilisation) leading to flattish