According to Kunj Bansal, while concerns persist regarding the anticipated slowdown or recession in global markets, especially the US and Europe where India’s IT services are exported, the sector can still achieve an annualized growth rate of around 10 per cent. The pressure on margins caused by high employee costs and attrition rates has been easing, he said.
Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs
August 17, 2026