Software #india#it firms
India's Top IT Firms Set for Muted Q1 as AI Spending Fails to Lift Growth: Report
India's leading IT services companies are likely to post muted Q1 FY27 results, with growth constrained as clients prioritize cost-cutting over large-scale technology spending, according to an Equirus Securities report. AI adoption is accelerating but funded through productivity gains, not increased budgets. Revenue growth for top six firms is expected between -1.7% and 1.1% QoQ.
Jul 5, 2026 1 source