SynopsisRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY28. The June quarter earnings of five of the top six large IT services companies reflect some of the key challenges faced by the industry.India’s top software services companies’ revenue growth is likely to remain weak despite large deal wins due to delayed project execution amid cautious client spending and AI-driven pricing pressure, analysts said.Ratings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY28. The June quarter earnings of five of the top six large IT services companies reflect some ofNow Playing
IT growth under pressure amid delayed deal ramp-ups - The Economic Times
Ratings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY28. The June quarter earnings of five of the top six large IT services companies reflect some of the key challenges faced by the industry.
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