Indian IT firms face muted Q1 as AI shift, weak demand weigh

India’s leading IT companies are expected to post another subdued quarter, pressured by AI-driven pricing competition, weak client spending, and ongoing global geopolitical turmoil. The nine brokerages cited these headwinds as continuing to weigh on growth, keeping sentiment cautious heading into earnings.

Analysis

India’s leading IT companies are expected to post another subdued quarter, pressured by AI-driven pricing competition, weak client spending, and ongoing global geopolitical turmoil. The nine brokerages cited these headwinds as continuing to weigh on growth, keeping sentiment cautious heading into earnings.