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Macros, AI, geopolitical overhang to drag Q1 showing of IT cos: Motilal Oswal - The Economic Times
Indian IT firms are bracing for a subdued first quarter of FY27, with global economic headwinds, AI's impact, and geopolitical tensions dampening client spending and decision-making. Analysts anticipate some companies may revise their annual revenue growth targets downwards. KPIT Technologies has already flagged a potential dip in its Q1 performance, citing sudden client actions. Demand is expected to remain soft, particularly impacting discretionary projects.
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thehindubusinessline.com
Indian IT faces FY27 guidance cut risk as AI, geopolitics cloud demand
Indian IT faces potential FY27 revenue cuts due to AI spending shifts, geopolitical risks, and uncertain demand conditions.
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economictimes.indiatimes.com
KPIT Tech shares in focus as company expects Q1 revenue decline, sharp hit to margins. Crash ahead?
KPIT Technologies anticipates a significant drop in its first-quarter FY27 financial performance, with revenue expected to decline by approximately 1% year-on-year. This downturn…
