India, July 2 -- Bytes Technology Group PLC (BYIT.L), a software, security, cloud, and AI services specialist company, said on Wednesday that its trading has been impacted by a challenging macroeconomic environment, leading to some deferral of customer buying decisions.
Sam Mudd, CEO of Bytes Technology, said: "In recent weeks, we've navigated a more challenging macro environment, compounded by the near-term effect of transforming our corporate sales team. While this has affected trading, our value proposition remains strong."
Looking ahead, for the first half, the Board now expects gross profit to remain unchanged from last year with a marginally lower operating profit. For the second half, the company, however, anticipates more normaliz...