Second half of FY25 will be much stronger for IT industry: Mastek CEO

Hiral Chandrana, CEO, Mastek, says “if you remove the small acquisition that we did in FY24, we still grew at a fairly healthy rate compared to competition. We expect FY25 to be along the same lines or potentially even better. It will be a little tough in the next two quarters. It seems customers are taking time, we had some impact in Q4 because of customer delays and ramp-ups but the second half of the year will be much stronger for the industry.”