• Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
Wednesday, July 30, 2025
30 °c
Agartala
enewstime
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    India Champions refuse to play Pakistan in WCL semifinal: Sources

    India Champions refuse to play Pakistan in WCL semifinal: Sources

    Private ownership and expansion of BBL among recommendations sent to Cricket Australia

    Private ownership and expansion of BBL among recommendations sent to Cricket Australia

    Really hope Gill delivers another big contribution in crucial final Test, says Patel

    Really hope Gill delivers another big contribution in crucial final Test, says Patel

    Gauff battles past Collins; Ito stuns Paolini in Montreal

    Gauff battles past Collins; Ito stuns Paolini in Montreal

    Gautam Gambhir in heated exchange with the Oval Pitch curator ahead of final Test

    Gautam Gambhir in heated exchange with the Oval Pitch curator ahead of final Test

    Shai Hope blames batting after 0-5 whitewash against Australia

    Shai Hope blames batting after 0-5 whitewash against Australia

    'Historic win': Sachin Tendulkar hails Divya Deshmukh on winning India's first Women's WC

    'Historic win': Sachin Tendulkar hails Divya Deshmukh on winning India's first Women's WC

    'An evening to remember': Gill & Co. present signed bat to Indian High Commissioner in London

    'An evening to remember': Gill & Co. present signed bat to Indian High Commissioner in London

    WCL 2025: India Champions look to end campaign on high

    WCL 2025: India Champions look to end campaign on high

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
  • More
    • Old Archive
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    India Champions refuse to play Pakistan in WCL semifinal: Sources

    India Champions refuse to play Pakistan in WCL semifinal: Sources

    Private ownership and expansion of BBL among recommendations sent to Cricket Australia

    Private ownership and expansion of BBL among recommendations sent to Cricket Australia

    Really hope Gill delivers another big contribution in crucial final Test, says Patel

    Really hope Gill delivers another big contribution in crucial final Test, says Patel

    Gauff battles past Collins; Ito stuns Paolini in Montreal

    Gauff battles past Collins; Ito stuns Paolini in Montreal

    Gautam Gambhir in heated exchange with the Oval Pitch curator ahead of final Test

    Gautam Gambhir in heated exchange with the Oval Pitch curator ahead of final Test

    Shai Hope blames batting after 0-5 whitewash against Australia

    Shai Hope blames batting after 0-5 whitewash against Australia

    'Historic win': Sachin Tendulkar hails Divya Deshmukh on winning India's first Women's WC

    'Historic win': Sachin Tendulkar hails Divya Deshmukh on winning India's first Women's WC

    'An evening to remember': Gill & Co. present signed bat to Indian High Commissioner in London

    'An evening to remember': Gill & Co. present signed bat to Indian High Commissioner in London

    WCL 2025: India Champions look to end campaign on high

    WCL 2025: India Champions look to end campaign on high

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
  • More
    • Old Archive
No Result
View All Result
enewstime
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders
  • More
Home Business

Indian IT sector to witness soft growth in Q1 despite seasonal strength: Report

IANS by IANS
July 8, 2025
in Business
Indian IT sector to witness soft growth in Q1 despite seasonal strength: Report
31
VIEWS
Share on FacebookShare on Twitter

New Delhi, July 8 The Indian IT services sector is expected to experience a soft quarter growth (Q1FY26) despite the seasonal strength, according to a report released on Tuesday.

ADVERTISEMENT

IT companies’ earnings are expected to be mixed across the board with a very soft quarter for ER&D services companies on a quarter-on-quarter (QoQ) basis, Equirus Securities said in its report.

The report is being prepared considering Infosys and Tech Mahindra among large-cap IT companies, and Zensar, Mphasis, and KPIT eClerx among mid-cap companies on a relative basis.

The financial service firm sees some sort of modification in Infosys’s FY26 sales growth guidance and soft growth in the top six large-cap IT companies.

“Infosys to guide for 1.0-3.25 per CC growth in US$ sales to largely factor incremental inorganic growth contribution of c. 0.4 per cent (earlier growth guidance of 0-3 per cent) with no change in its EBITM guidance of 20-22 per cent for FY26E,” the report said.

ADVERTISEMENT

“The top 6 large caps to register QoQ growth of (-) 2.6 per cent to (+) 1.4 per cent in US$ Sales in CC terms in 1Q1 FY26E. Equirus Securities expects high cross-currency tailwinds QoQ across top 6 large caps in the range of 120-230 bps QoQ,” it added.

However, the firm expects a healthy sales performance from some of the midcap IT/BPO services companies.

The financial research firm expects demand commentary to remain cautious. However, it believes that vendors are witnessing better demand tailwinds in BFSI.

As per the report, TCS’s US$ revenue is expected to dip QoQ by 0.4 per cent in CC terms. Tepid growth is largely due to the expected ramp-down in the BSNL deal and some softness in sales growth in international markets.

Equirus expects Wipro US$ sales to dip by 2.6 per cent QoQ in CC terms, while HCL Tech US$ revenue growth is expected to be 1.4 per cent QoQ.

Tech Mahindra’s US$ sales to dip 0.8 per cent QoQ sales in CC terms considering seasonal softness in Comviva and continuing softness in demand from some of the hi-tech clients, according to the report.

(Auto generated news from IANS Feed. This has not been edited by enewstime desk)

Related Posts

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030 (Lead)
Business

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030 (Lead)

July 30, 2025
Digital payments to merchants in India rise 19 pc in June: Report
Business

Digital payments to merchants in India rise 19 pc in June: Report

July 30, 2025
Income Tax Department enables online filing of ITR-3 form
Business

Income Tax Department enables online filing of ITR-3 form

July 30, 2025
Benchmark indices open flat on trade deal concerns, all eyes on Fed rate cut
Business

Benchmark indices open flat on trade deal concerns, all eyes on Fed rate cut

July 30, 2025
Indian stock market rallies amid overall buying, Sensex jumps 446 points
Business

Indian stock market rallies amid overall buying, Sensex jumps 446 points

July 29, 2025
Govt bonds worth Rs 32,000 crore coming up for sale on Friday
Business

Govt bonds worth Rs 32,000 crore coming up for sale on Friday

July 29, 2025
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
D-2050 D-2050 D-2050
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

About us

Enewstime.in is run by an individual – a Journalist by profession of Tripura with the active help of several journos including senior journalists of the State. On top of that, Enewstime.in being a subscriber of IANS news agency, we have plenty of multi-choice topics to offer to our esteemed readers. Enewstime.in is a venture reach global audience from a tiny State Tripura.

Latest News

Searches at fertility lab in Secunderabad following busting of surrogacy racket

No PM Modi-Trump call during Operation Sindoor, confirms EAM Jaishankar

Glucon-D maker Zydus Wellness’ Q1 net profit falls nearly 13.5 pc on higher costs

Divya Dutta says her friendship with Sonu Nigam has 'stood the test of time' as the singer turns 52

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030 (Lead)

Pakistan: Human rights body voices concerns over juveniles' trial in Anti-Terrorism Court

Contact us

19, Old Thana Road. Banamalipur. PO. Agartala. Pin code 799001. Tripura (West), India.

Email: enewstime2017@gmail.com

Wa: 8794548041

  • Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use

© 2025 Designed & Developed with ❤️ by Provibe Media LLP

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders
  • More
    • Old Archive

© 2025 Designed & Developed with ❤️ by Provibe Media LLP