March 12, 2025 7:53 PM
India’s IT services firms likely to post 4-6% revenue growth in FY 2026
Indian IT services companies are expected to record a moderate 4-6% growth in USD terms in FY 2026, according to an ICRA report released on Wednesday. ICRA anticipates that attrition levels will stabilize around the long-term average of 12-13%. Moreover, hiring is likely to remain low until the growth momentum picks up by the end of FY 2026, the report states. Deal wins for the 15 leading large- and medium-sized listed Indian IT services companies have remained resilient in recent quarters. In...