In charts: Big three Indian IT companies get set for tough FY24
By
Biju Kumar
India’s top three IT firms — Tata Consultancy Services, Infosys and HCLTech — spoke of demand uncertainty, delays in decision making and even some project rampdowns as they announced their FY23 and fourth quarter results earlier this month. While TCS doesn’t provide revenue guidance, Infosys’ FY24 revenue growth forecast of 4-7% meant the company will expand at its slowest pace in six years.