Results preview: IT companies likely to remain on recovery path in Q2
4 min read Last Updated : Oct 03 2024 | 11:55 PM IST
Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.
“Q2 is unlikely to change the earnings trajectory for the sector. While demand is improving, it is not beating existing estimates,” HSBC Global Research said in a
Originally published by business-standard.com. Syndicated material does not necessarily reflect the views of Grazia British.
More Celebrity
James Quattrochi: From the Bronx to Hollywood — An Italian-American Story
Grazia British Exclusive For James Quattrochi, every role begins with authenticity. Raised in a proud Italian-American family near the legendary Arthur Avenue in the Bronx—New York City’s…
Puig and Fondazione Dries Van Noten Signed a 3-Year Partnership
CANAL PLUS: Spanish beauty and fashion firm Puig is further accompanying Dries Van Noten in his post-runway career, signing a three-year partnership with his new cultural venture in…
EXCLUSIVE: Dior Rolls Out New-look Dioriviera Beach Collection With Sailing-themed Pop-ups
PARIS — Dior is setting sail with a new-look Dioriviera line this summer, marking Jonathan Anderson’s first beach collection since taking over as creative director of the house last year.…
EXCLUSIVE: For NN.07, 2025 Was a Very Good Year
Not many fashion brands can crow about double-digit momentum these days, but Danish menswear firm NN.07 can. The Copenhagen-based company said net sales last year jumped 18 percent,…