India’s IT sector set for another weak quarter as demand stays soft

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India’s IT firms are set for another lackluster quarter as weak global demand, steep U.S. tariffs and trade jitters weigh on earnings, six brokerages said ahead of results.

Four forecast year-on-year revenue growth of about 6% and a 5.5% profit rise for the September quarter, despite seasonal strength from project cycles.

September … will be another muted quarter for IT,” said Abhishek Pathak of rel=”dofollow” href=”https://economictimes.indiatimes.com/motilal-oswal-financial-services-ltd/stocks/companyid-18715.cms” target=”_blank”>Motilal Oswal Financial Services.

As clients reel under macro and tariff uncertainty, there is hesitation to commit additional dollars to any large…



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India’s IT sector set for another weak quarter as demand stays soft



India’s IT firms are set for another lackluster quarter as weak global demand, steep U.S. tariffs and trade jitters weigh on earnings, six brokerages said ahead of results.

Four forecast year-on-year revenue growth of about 6% and a 5.5% profit rise for the September quarter, despite seasonal strength from project cycles.

September … will be another muted quarter for IT,” said Abhishek Pathak of rel=”dofollow” href=”https://economictimes.indiatimes.com/motilal-oswal-financial-services-ltd/stocks/companyid-18715.cms” target=”_blank”>Motilal Oswal Financial Services.

As clients reel under macro and tariff uncertainty, there is hesitation to commit additional dollars to any large…



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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