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Q2FY25 IT results preview: Revenue growth to be positive
October 04, 2024
|The New Indian Express
IT services companies might report better earnings in the second quarter of this fiscal year as analysts believe that there have been improvements in decision cycles and that Generative AI deals will be in focus.
Tata Consultancy Services (TCS) will announce its results on October 10, followed by HCLTech on October 14. Bengaluru-based IT services companies Wipro and Infosys will post their results on October 17, says an industry preview.
The IT sector growth is in the middle of its recovery, having bottomed out two quarters ago, and is expected to achieve a high single-digit over the next three quarters, said HDFC Securities in its Q2FY25E results preview.
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