Thursday 26 March 2020

KPIT Technologies says Covid-19 will impact FY20-21 revenues

The company said that certain teams are being moved offshore from client locations and global centres, which will drive offshore volume up and adversely impact FY21 dollar revenue. ​Lower offshore realisations and travel restrictions are also likely to impact revenue. It expects to have better clarity in 30-60 days as the situation is fluid and constantly changing.

from Tech-Economic Times https://ift.tt/3alYssZ

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