Q1 FY27 Preview • IT Services

IT Sector Q1 Results Preview: Key Factors To Watch Out

1

FY27 revenue/margin guidance and growth trajectory being front-ended or back-ended.

2

Management commentary on IT spending budgets for CY26.

3

Incremental AI spending vs reallocation of existing IT budgets.

4

Deal intake/pipeline.

5

Pace of decision-making and project deferment/cancellation.

6

Demand trends in key verticals such as BFSI, Retail, Manufacturing, HLS, Hi-Tech, and Communications.

7

Evolving pricing and commercial constructs.

8

Change in talent strategy and hiring plan owing to shift in skill requirements and productivity gains from AI.

9

Enterprise ability and willingness to adopt and deploy AI-tailored solutions across functions.

10

Management perspective on human plus agent-led delivery.