Earnings season starts with IT results and RBI policy focus
India's earnings season commences with major IT firms reporting results starting April 9. Analysts expect around 10% year-on-year revenue growth, influenced by currency factors, while RBI policy decisions will also impact market sentiment.
pre-market1 source ↓written by the desknot a recommendation
- report results
- 9 April
- year-on-year
- 10% revenue growth
India's earnings season begins this week, with Tata Consultancy Services, Infosys, and HCLTech set to report results from 9 April. Analysts project 10% revenue growth year-on-year, driven by currency tailwinds amid cautious global tech spending. Early results will be pivotal for shaping broader earnings expectations.
• Focus on IT sector performance
• RBI policy decisions also in play
• Mixed sectoral outlook anticipated
Not investment advice. For informational purposes only.