Q1 I.T. Earnings Preview: Large-Cap IT Firms Likely To Stay Under Pressure Amid AI, Weak Demand

India's I.T. sector is entering another crucial earnings season, but concerns over weak demand and AI disruption continue to weigh on investor sentiment. G Chokkalingam, Founder & MD, Equinomics Research, believes large-cap I.T. companies are likely to report muted growth due to their size and slower client spending. While beaten-down stocks may see a short-term bounce, he does not expect a structural turnaround yet. According to him, AI-led disruption and slower dollar revenue growth remain key challenges for the sector.