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IT companies gear up for Q3 results
The Business Guardian
|January 05, 2025
As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum.
The report highlighted that Tier 1 IT companies like TCS, Infosys, and HCL Tech are expected to post modest growth in Q3. On the other hand, Tier 2 firms such as Coforge are likely to show stronger sequential revenue growth, driven by effective operational execution.
While the broader sector continues to recover from a downturn, variations in performance are expected across individual firms.
Dit verhaal komt uit de January 05, 2025-editie van The Business Guardian.
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