Diverging Q3 outcomes highlight sector level earnings contrast

Manufacturing companies faced margin pressure in Q3, while IT services firms remained confident on growth and workforce planning.

neutral
Recently

Diverging Q3 outcomes highlight sector level earnings contrast

1 min read66 words
Diverging Q3 outcomes highlight sector level earnings contrast
Manufacturing companies faced margin pressure in Q3, while IT services firms remained confident on growth and workforce planning.
Supreme Petrochem reported a decline in December quarter profitability, reflecting weaker margins and softer demand conditions. In contrast, LTIMindtree reiterated confidence in achieving double digit revenue growth during the March quarter, supported by strong deal wins. The IT firm also outlined planned wage hikes spanning Q4 FY26 to Q1 FY27, balancing talent retention priorities with disciplined cost management across operations and maintaining delivery timelines globally.
Sentinel