Prolonged telecom weakness
Telecom vertical (37% of revenue) continues to decline with no near-term recovery expected, as 5G spending remains slow.
TECHM / Q2-FY24 / risks
Keep the risk register visible.
Techm · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
high
Margin pressure from restructuring costs
Exceptional items of 260bps impacted Q2 margins; further one-time costs may arise in Q3 from portfolio rationalization.
Revenue decline in top 5 clients
Top 5 client revenues have declined ~30% over six quarters due to wallet share loss and non-core business exits.
Elongated deal conversion cycles
Despite healthy pipeline, deal closures are taking longer, which could delay revenue recovery.