India’s IT services companies to report subdued growth during 4QFY25: Report

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India’s information technology sector is expected to report subdued growth for the fourth quarter of FY25 (January-March period), according to a report by Systematix Institutional Research.

The report attributed this slowdown to seasonal weakness and reduced discretionary spending on digital transformation projects by global clients.

It said, “We expect IT services companies within our coverage to report subdued growth during 4QFY25 on seasonal weakness and lower discretionary digital transformation spends.”

It also mentioned that Indian IT companies,…



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India’s IT services companies to report subdued growth during 4QFY25: Report


India’s information technology sector is expected to report subdued growth for the fourth quarter of FY25 (January-March period), according to a report by Systematix Institutional Research.

The report attributed this slowdown to seasonal weakness and reduced discretionary spending on digital transformation projects by global clients.

It said, “We expect IT services companies within our coverage to report subdued growth during 4QFY25 on seasonal weakness and lower discretionary digital transformation spends.”

It also mentioned that Indian IT companies,…



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.

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