Indian IT sector faces revenue guidance cuts for FY27
pre-market1 source ↓written by the desknot a recommendation
- over the next
- 2-3%
- revenue growth
- 3-4%
Indian IT companies are bracing for revenue guidance cuts as GenAI-led deflation and geopolitical uncertainties cloud demand. Analysts predict growth will remain stagnant at 2-3% over the next two years, with large-caps expected to achieve only 3-4% revenue growth. Delays in deal closures are impacting Q1 revenue projections, raising concerns for the sector's recovery.
Not investment advice. For informational purposes only.