Mukesh Ambani, Azim Premji, Anand Mahindra: Next week is crucial for these billionaires due to...
HCL Technologies
Tata Technologies
Ola Electric Mobility
Hathway Bhawani Cabletel July 15 HDFC Life Insurance
ICICI Lombard General Insurance
HDB Financial Services
ICICI Prudential Life Insurance July 16 Tech Mahindra
Ixigo (LT Revenues Technology)
Reliance Industrial Infrastructure
DB Corp July 17 Wipro
Axis Bank
HDFC Asset Management Company
Polycab India
Tata Communications July 18 RIL (again)
JSW Steel
Bandhan Bank
MPS July 19 HDFC Bank
ICICI Bank
JK Cement
India Cements Indian IT sector to witness soft growth in Q1 despite seasonal strength, says Report
According to a report carried by Equirus Securities, the Indian IT services sector is expected to experience a soft quarter growth (Q1FY26) despite the seasonal strength, according to a report released on Tuesday.
The report also says that IT companies' earnings are expected to be mixed across the board with a very soft quarter for ER&D services companies on a quarter-on-quarter (QoQ) basis.
As per the report, TCS's US$ revenue is expected to dip QoQ by 0.4 per cent in CC terms. Tepid growth is largely due to the expected ramp-down in the BSNL deal and some softness in sales growth in international markets. What is expected from Ajim Premiji's Wipro?
Also, Ajim Premiji's Wipro US$ sales to dip by 2.6 per cent QoQ in CC terms, while HCL Tech US$ revenue growth is expected to be 1.4 per cent QoQ. What is expected from Tech Mahindra?
Tech Mahindra's US$ sales to dip 0.8 per cent QoQ sales in CC terms considering seasonal softness in Comviva and continuing softness in demand from some of the hi-tech clients, according to the report.
(With inputs from agencies)
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