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CRISIL analysis: IT services sector eyes 7-9% growth on BFSI, AI funding

A CRISIL Ratings study of the top 25 firms, accounting for 55 per cent of the Rs 14 trillion IT sector's revenue in fiscal 2024

IT industry, IT companies, IT sector, Jobs, IT jobs
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CRISIL Research

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India’s information technology (IT) services sector is likely to see steady revenue growth of 7-9 per cent in the next financial year (FY26), led by a gradual pick-up in relevant spends—mainly by the banking, financial services, and insurance (BFSI) and gen-AI sectors — in the US and parts of Europe. 
In FY25, revenue growth is expected at 5-7 per cent, marking a second consecutive year of muted performance after 6 per cent growth FY24. 
A CRISIL Ratings study of the top 25 firms, accounting for 55 per cent of the Rs 14 trillion IT sector’s revenue in fiscal 2024, shows