IT Services’ revenue growth to halve to 3-5% in FY24: ICRA

Share via:

Indian IT companies witnessed a sharp moderation in growth momentum over Q3 FY23 – Q1 FY24 (October 2023- June 2024) owing to the evolving macroeconomic headwinds in key markets of the US and Europe, said the report.

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.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

Popular

More Like this

IT Services’ revenue growth to halve to 3-5% in FY24: ICRA

Indian IT companies witnessed a sharp moderation in growth momentum over Q3 FY23 – Q1 FY24 (October 2023- June 2024) owing to the evolving macroeconomic headwinds in key markets of the US and Europe, said the report.

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

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

More like this

Taking a cue from X, Threads tests AI-powered summaries...

As the Twitter-like social network Bluesky sees a...

Digital Creator Rishita Kothari Marks Her Acting Debut in...

Mumbai (Maharashtra) , November 22: Digital creator and...

StoreCash’s new app lets you instantly earn cash back...

Daricus Releford always wanted to be a founder.  In...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!