In Q4FY23, IT service providers are expected to record median revenue increase of 0.8% QoQ and 8–10% YoY in constant currency. In terms of deal ramp up, the conversion of order book to revenue is also taking longer than the usual. For TCS, Infosys, and Wipro, we anticipate quarterly dollar sales increase of between 0.5% and 2%, while we anticipate annual dollar revenue growth of between 2% and 3% for HCL Tech (IT services).