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India's Top IT Firms Face Sluggish Q1 FY27 Despite Rising AI Adoption

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India's leading IT companies are expected to report muted growth in the first quarter of FY27, as clients prioritize cost optimization over large-scale technology spending. Although AI adoption continues to rise across industries, it is being funded through efficiency gains rather than expanded budgets, limiting revenue uplift for IT firms. Profit margins are anticipated to remain stable, supported by favorable currency movements and disciplined cost management. Analysts note that the near-term outlook remains cautious, with no significant demand surge on the horizon. However, long-term growth prospects stay positive, underpinned by increasing AI complexity and enterprise modernization requirements.

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