Economic TimesLean R·
Macros, AI, geopolitical overhang to drag Q1 showing of IT cos: Motilal Oswal
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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