8216;India Inc8217;s Q2 margins to fall 100 bps8217;

Revenue growth is expected to slow to 15 percent,from 22 percent in the year-ago quarter,Crisil said,based on its analysis of the financial performance of select companies across 21 industries,excluding banks and oil companies.

Information technology service providers are expected to report a 17 percent jump in dollar revenue due to strong pipeline of contracts.

Despite the support from the rupee8217;s decline,their margins are slated to decline 200 bps owing to higher wages,Crisil said.

The Indian rupee has dropped about 11.5 percent from its peak in late July this year.