Revenue growth of Indian IT services companies is expected to remain muted in the third quarter of the current financial year 2026, even as operating performance stays resilient, according to a report by Centrum.
The Indian Information and Technology (IT) sector will deliver a mixed performance in the first quarter of Financial Year (FY) 2026, with tier-1 companies likely to post muted revenue growth, while mid-tier firms are set to outperform, according to a report by HDFC Securities.
Mumbai (Maharashtra) [India], July 6 (ANI): The impact of COVID-19 and associated policy response is likely to result in an additional Rs 1.67 lakh crore of debt from the top 500 debt-heavy private sector borrowers turning delinquent between FY21 and FY22, India Ratings and Research (Ind-Ra)
Bengaluru (Karnataka) [India], Oct 16 (ANI): L&T-owned digital transformation company Mindtree on Wednesday reported a net profit of Rs 135 crore during the July to September quarter, marking a decline of 34.6 per cent year-on-year but growth of 45.6 per cent quarter-on-quarter.
Ahmedabad (Gujarat) [India], May 17 (ANI): Textiles and clothing major Arvind Limited on Friday reported sluggish growth in revenue during the fourth quarter of 2018-19 at Rs 1,859 crore, one per cent up from Rs 1,843 crore in the corresponding period of the previous fiscal year.