![IT engineering service firms are developing faster than service firms.](https://market-tracker.in/wp-content/uploads/2023/09/cdb9da4a-1710-458e-96ed-30206f345e6ddPIUHeozWfwi0euv-600x400.jpg)
IT engineering service firms are developing faster than service firms.
At a time when IT services majors like TCS and Infosys are experiencing negative to sub-1.5% quarter-on-quarter (q-o-q) growth, the top five listed IT engineering services companies have risen by 1.1-9.8% q-o-q. During the first quarter of the current fiscal year, the average q-o-q revenue increase for IT services firms was -4.9%. In comparison, revenue…