Equirus Securities report forecasts muted first quarter for India's large IT services companies with growth ranging from decline to modest rise in constant currency, even as AI adoption accelerates through cost savings rather than budget expansion

India's IT sector is likely to see a weak start to 1QFY27, with revenues hit by the West Asia crisis and higher productivity pass-throughs in managed services contracts

I<b></b>ndia's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, due to client-specific issues,…