IT
India’s top IT cos wrap up Q1 with single-digit topline growth
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India’s top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking.
Management commentary painted a mixed picture, caution prevailed, yet industry CEOs also emphasised cost optimisation, vendor consolidation, and opportunities in AI makeovers.
An overview of Q1 report cards of Indian IT giants shows year-on-year revenue growth ranging from 0.8% (for Wipro) to 8.1% (HCL…
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