IT services revenue de-grew 0.7% sequentially in constant currency. The revenue de-growth in Q1 and conservative revenue guidance for Q2FY20E (0-2% QoQ) was due to deferral of some deals and slower ramp ups of some projects. The impact of the same was most noticeable in the consumer business unit segment wherein revenues declined 4.4% QoQ. In addition, softness in capital markets and weakness in European banks continued to impact banking & financial services, similar to TCS & Infosys. Going forward, the consumer segment is expected to revive from Q2 onwards based on...