India's IT sector: No festive spark in Q2, macro headwinds weigh heavily on growth
India's IT services sector anticipates modest Q2 2025 results due to macroeconomic uncertainty and client caution. While Tier-I firms like Infosys and HCLTech show slight growth, mid-tier companies are set to outperform. Margins remain steady, but GenAI's deflationary impact and vertical headwinds pose challenges.
India's IT services sector anticipates modest Q2 2025 results due to macroeconomic uncertainty and client caution. While Tier-I firms like Infosys and HCLTech show slight growth, mid-tier companies are set to outperform. Margins remain steady, but GenAI's deflationary impact and vertical headwinds pose challenges.
