Business Standard

Results preview: IT firms may report muted Q4 growth, eyes on FY25 guidance

January-March quarter, is considered to be a soft quarter, and will continue to see the headwinds that the sector has been facing. And the sector will enter the new financial year on a weak footing

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Shivani Shinde Mumbai
With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry.
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The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing.

Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players’ growth may range between 0.7 per cent and 4 per cent. This also

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First Published: Apr 02 2024 | 11:03 PM IST

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