Global uncertainty, trade woes loom on FY26 growth outlook of Indian IT cos, say experts

New Delhi, Apr 7 (PTI) Rising global uncertainty and fear of slowdown in its biggest market, the US, is seen taking a toll on the Indian IT industry’s showing, with several analysts now warning that a possibly weak exit for the just-ended FY25 may be followed by an “unexciting guidance” or outlook pullbacks for FY26 as well as pain up ahead in verticals such as retail and manufacturing.

Discretionary spends, they say, would most likely come under cloud, again, dashing any hopes of its near-term recovery. Market watchers further warn that the next 3-6 months could see a build up of negative news — including earnings cuts and potential pullbacks in FY26 guidance.