Technology · 1 sources covering this

Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertainty

India's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, due to client-specific issues, weakness in select verticals and geopolitical uncertainty. Addressable tech spending in Indian IT companies is expected to remain softer year-on-year as enterprises redirect technology budgets towards artificial intelligence (AI) initiatives and Global Capability Centres (GCCs), according to a report by Systematix Research.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·3h ago
Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertainty
India's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, due to client-specific issues, weakness in select verticals and geopolitical uncertainty. Addressable tech spending in Indian IT companies is expected to remain softer year-on-year as enterprises redirect technology budgets towards artificial intelligence (AI) initiatives and Global Capability Centres (GCCs), according to a report by Systematix Research.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/9d13c30128a8707514df3f9f3b80ab59fa37b2fe"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertainty"></iframe>

Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertainty

How 1 sources are covering this