Top IT companies may log muted Q2 growth on macro uncertainty

India’s top-tier IT firms are expected to report muted performance for the fiscal second quarter due to continued macro uncertainty and delay in execution of non-core projects, despite strong deal wins by Tata Consultancy Services, Infosys and HCLTech in the last few weeks.

The three-month period through September is usually seen as a strong quarter for the sector. TCS will kick off the quarterly earnings season for India Inc on October 11. Infosys and HCLTech will report results on October 12.