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IT services growth likely to stay soft in near term as clients delay discretionary spends: Equirus - The Economic Times
India's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-driven transformations. Enterprises remain cautious with spending due to global uncertainties, funding AI through existing savings. While currency tailwinds and better margins are positive, revenue growth is likely to be capped in the near term. Analysts expect some guidance adjustments for the fiscal year.
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thehindubusinessline.com
IT sector likely to see weak 1QFY27; West Asia crisis, GenAI to weigh on revenues: Report
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
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economictimes.indiatimes.com
AI hiring outpaces overall IT recruitment in India: report - The Economic Times
India's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting with an overall 3% decline in IT jobs.…
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Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertainty - The Economic Times
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,…
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Equirus sees muted Q1 for India’s large IT companies as clients delay discretionary spends
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…
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IT services growth likely to stay soft in near term as clients delay discretionary spends: Equirus - The Economic Times
India's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-driven transformations. Enterprises…
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timesofindia.indiatimes.com
India's top IT firms set for muted Q1 as AI spending fails to lift growth: Report
India's leading IT services companies are likely to post a muted performance in the first quarter of FY27, with growth expected to remain subdued as clients continue to prioritise…
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The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?
India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future…
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channelnewsasia.com
Indian IT firms face muted Q1 as AI shift, weak demand weigh
BENGALURU, July 6 : India's top information technology companies are expected to report another subdued quarter, as AI-driven pricing pressure, weak client spending, and global…
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Indian IT firms face weak Q1 as AI pressure and slow client spending hit growth
TCS, Infosys, HCLTech and Wipro are expected to report subdued Q1 earnings as AI pricing pressure, weak demand and global uncertainty weigh on growth.