IT
India’s IT services companies to report subdued growth during 4QFY25: Report
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India’s information technology sector is expected to report subdued growth for the fourth quarter of FY25 (January-March period), according to a report by Systematix Institutional Research.
The report attributed this slowdown to seasonal weakness and reduced discretionary spending on digital transformation projects by global clients.
It said, “We expect IT services companies within our coverage to report subdued growth during 4QFY25 on seasonal weakness and lower discretionary digital transformation spends.”
It also mentioned that Indian IT companies,…
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