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 Motilal Oswal Financial Services.
