New Delhi, June 12 -- ""The earnings season for the quarter ending March 31, 2025, began with leading IT firms releasing their financial results in the first week of April and concluded in the final week of May 2025.

In Q4FY25, major Indian IT services company saw a quarter-on-quarter decline in revenue-marking the first time this has happened since Q1FY21, when performance was affected by the COVID-19 outbreak

According to analysts, the slowdown was primarily caused by delays in project ramp-ups, weak performance in certain industry segments, and reduced demand stemming from the ongoing tariff war.

Brokerage firm Choice Broking said in a note that Tier-l IT players have lowered their FY26E revenue guidance band by 1%, with the lower e...