wipro: Green shoots notwithstanding, IT Q1 numbers to remain modest

Share via:


Synopsis

Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on profits and margins as they work to reignite growth.

India’s top software service providers are set to report a modest uptick in average growth in the first quarter, with Infosys and LTIMindtree leading the pack in a minor reshuffle of the performance leader-board.Analyst reports reviewed by ET showed growth might range from 0.8% to 2.4% quarter on quarter (QoQ), with erstwhile outperformers Tata Consultancy Services (TCS) and HCLTech expected to report a circumspect quarter.Analysts expect no

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

wipro: Green shoots notwithstanding, IT Q1 numbers to remain modest


Synopsis

Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on profits and margins as they work to reignite growth.

India’s top software service providers are set to report a modest uptick in average growth in the first quarter, with Infosys and LTIMindtree leading the pack in a minor reshuffle of the performance leader-board.Analyst reports reviewed by ET showed growth might range from 0.8% to 2.4% quarter on quarter (QoQ), with erstwhile outperformers Tata Consultancy Services (TCS) and HCLTech expected to report a circumspect quarter.Analysts expect no

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

IOT TECH EXPO EUROPE WELCOMES A HOST OF TOP...

IoT Tech Expo Europe, the leading event for exploring...

Centre’s Primary Focus Is On Easing Regulations, Reducing Compliance...

SUMMARY The minister has said that the country has...

IT earnings: TCS, HCL earnings recovery may get further...

Earnings guidance from Indian IT outsourcing firms including...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!