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▼ Bearish for Indian equities
India's IT companies likely to see sombre H1 FY27 as weakness persists
The brief
- Persistent macroeconomic uncertainty and geopolitical volatility weigh on demand
- AI-led pricing and productivity pressures are also weighing on India’s IT companies
- Weak demand could weigh on Indian IT services companies’ revenue and earnings
- TCS, Wipro, Infosys, HCL Tech: Why experts see IT stocks' price jump on Monday — What's giving the boost?
- Tier-2 IT firms likely to lead Q2FY27 growth despite Gen-AI, geopolitical challenges: Report
- Explained - What do the Accenture results mean for Indian IT companies
- IT Q2 Preview: Large-cap firms seen posting weakest growth in three years; midcaps may outperform
- Accenture expects higher AI spending by clients as token costs fall
AI’s impact on Indian IT firms
Indian IT firms are bracing for underwhelming September-quarter earnings and revising annual revenue growth expectations downward amid AI pricing pressure. BNP’s Kumar Rakesh says AI-driven revenue deflation and weak tech spending are reshaping the sector, with some mid-caps better placed than larger peers.
Friday, 2 October
- India's IT companies likely to see sombre H1 FY27 as weakness persists