IT Q3 Results Preview— From Margin, Guidance To Revenue Outlook, How Will TCS, Wipro & Other IT Stocks Perform

Infosys and HCLTech are likely to revise their growth guidance upwards, while L&T Technology Services and Happiest Minds may lower its guidance and outlook..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..HDFC Securities Institutional Equities.Growth divergence is expected to persist in Q3 FY25, with tier-1 Information Technology revenue growth ranging from +5% to -1% YoY, mid-tier IT seeing an even wider range of plus 20% to -1% YoY. Furloughs and cross-currency headwinds will adversely impact Q3 numbers, but on an aggregate basis, the rate of change is positive, supported by improved decision cycles and discretionary spending, despite the absence of mega deals. Tech job postings are recovering, tech layoffs are easing, and bank tech spend has improved over the past few quarters, driving growth in banking, financial services and insurance revenue. On the flipside, recent quarters have seen deal market share losses to global peers, owing to increased competitive intensity in cost optimization deals as well as Gen-AI driven growth..Current estimates build in profit pools expanding by >35% over FY25-27E, similar to the expansion over FY21-24. The base case of growth acceleration in FY26E remains intact. However, the sharp valuation rerating implies absolute returns will align more closely with earnings growth. Risk reward is favorable for Tata Consultancy Services, with Persistent remaining the preferred mid-Tier pick..Click on the attachment to read the full report:.HMPV Outbreak: Diagnostics Stocks Buzz As India Reports Two Cases, Vijaya Diagnostics, Dr. Lal Path Labs Up.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

IT Q3 Results Preview— From Margin, Guidance To Revenue Outlook, How Will TCS, Wipro & Other IT Stocks Perform

IT Sector Q3 Results Preview: HDFC Securities projects risk reward is favorable for TCS, with Persistent remaining the preferred mid-tier pick.

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