Pricing pressure, geopolitical risks to weigh on India IT growth in Q2FY27: Report
New Delhi, Oct. 4 -- India's IT sector is expected to post another quarter of muted growth amid pricing pressure, competitive bidding and geopolitical headwinds, while margins are likely to remain stable, as per a report by Systematix Institutional Equities.
As per Systematix, large-cap IT companies are expected to post muted organic revenue growth in Q2FY27, with growth ranging up to 2 per cent.
"Tier-I IT companies are expected to post muted organic QoQ CC revenue growth of -1.5% to 2.0% in 2QFY27E," it said.
Growth in banking, financial services and insurance (BFSI), manufacturing and healthcare, along with easing client-specific headwinds, is expected to be offset by weakness in other verticals, AI-led pricing pressure, competition...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.