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Development · 2 Oct 2026

KOTAKBANK, full dossier

Indian IT services companies are likely to report another muted quarter in Q2FY27 as AI-led deflation and pricing pressure weigh on the existing business, while new AI revenue is still not large enough to offset the impact, Kotak Institutional Equities said.

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The record

Indian IT services companies are likely to report another muted quarter in Q2FY27 as AI-led deflation and pricing pressure weigh on the existing business, while new AI revenue is still not large enough to offset the impact, Kotak Institutional Equities said.

Kotak Institutional Equities stated that Indian IT services companies are likely to report a muted quarter in Q2FY27 due to AI-led deflation and pricing pressure impacting existing business, while new AI revenue is not yet sufficient to offset the impact.

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