Indian IT firms expected to begin FY27 with slow Q1 as macro, AI and deal delays weigh

Indian IT services companies are expected to report a slow start to FY27 as macroeconomic uncertainty, weaker discretionary spending, delays in large deal decisions and growing AI-related pressures affect revenue growth during the June quarter, according analysts.

Tata Consultancy Services (TCS) will announce its first-quarter results on July 9, followed by HCLTech on July 13, Wipro on July 16 and Infosys on July 23.