Infosys’s strong showing not enough to power Indian IT in slow first quarter

InfoSIS reported 4.94 billion dollars revenue in April-June period-4.46% of pre-three months and 4.86 billion dollars expected by analysts participating in the survey by 4.82-Bloomberg compared to the previous year.

Most of the increase in the enterprise obtained 27% of the company’s increased income from energy companies with $ 211 million.

Infoos also raised the lower end of income guidance to 1-3% with fixed currency terms for 2025-26, which was higher than the flat 3% growth in April, which was the slowest income guidance in at least ten years. The fixed currency does not take into account the fluctuation of money.

HCL Technologies Ltd has recently increased the lower end of full year guidance. Now, 2-5% growth expects 3-5% revenue increase in fixed money terms for 26 financial years.

Wipro Ltd for the ongoing second quarter is waiting for income drop or growth up to 1%. India’s largest CT seller Tata Consultancy Services Ltd and Tech Mahindra Ltd do not guide.

Most of the increase in the guidance of InfoSS is due to the US -based MRE Consultancy and Australian Cyber Security Services Company, both of which are about $ 98 million in the earlier this year. According to the InfoS administration, the income from these two purchases is about 0.4% of the company’s overall revenue increase.

Macro titles

TCS, the worst of the five largest service companies in India in the first quarter, a 0.59% row in income reached 7.42 billion dollars-5 worst quarter performance in 5 years.

The country’s third largest CT external HCL Technologies ended the June quarter to 3.55 billion dollars with an increase of 1.34%, respectively, while the fifth largest Tech Mahindra revenue increased to 0.97 to 1.56 billion dollars. The fourth largest Wipro ended with a decrease of 0.35% in turn with a revenue of $ 2.59 billion.

Infoos’ administration heard the future of the company.

“With the current appearance, we have seen that most of the debates about the economy around the world have come to more stable situations, but it seems that it seems not fully solved,” InfoS.

The view of Serekh was similar to the peers in TCS, Wipro and Tech Mahindra, accusing customers’ macroeconomic uncertainties for delayed decision -making and project implementation.

However, HCLTECH’s management said that the macroeconomic environment is fixed with some sectoral variations.

InfoSt wasn’t much to cheer the business margins in the first quarter. The company decreased by 20 basis points, respectively, reported 20.8%profitability and reduced the margins of the third largest Indian CT external. (One basic point is one hundred percent.)

HCltech and Wipro’s operating margins narrowed 160 basis points and 20 basis points, respectively. On the other hand, TCS and Tech Mahindra’s operating margins expanded 30 basis points and 60 basis points to 24.5% and 11.1%, respectively.

INFOSYS’S BIG GOVERNMENTS

InfoSS is waiting for the Pick-up of growth in the next few quarters. Jayesh Sanghrajka, Director of Financial Affairs, said that the company has raised the lower end of the full -year projections behind “a strong quarter and strong agreement gains”.

Serekh said that optimism provides more consolidation agreements, the largest market in the USA, from customers’ optimism.

“We see that when customers look at consolidation, we see us more, because customers naturally see InfoS as a very strong and stable delivery, and also offer new ideas for improvements in their work in AI.” He said.

Infoos reported a major agreement signatures of $ 3.8 billion in the first quarter and increased by 46%, respectively.

TCS said that when there is a clarity in the market, he expects the expenditures to continue by customers, while Tech Mahindra gave mixed signals, the management was too early to estimate income increase or even stagnation.

HCltech and Wipro are optimistic of a better second half in the 26 -fiscal year behind the last agreement victory and a powerful order pipeline.

Axis’s General Manager Manikja said, “The results of the Q1FY26 of InfoSS reflects revenues with an increase in revenue with an increase in 4.46% (quarterly), which shows that there is no sequential recoil in transition revenues.” He said.

However, a worrying point is the net card that decreased by 0.49% in June in June. InfoS is the fourth largest CT external source to declare a net profit for the first quarter.

Hard way in the future

InfoSIS rose by 210 to end the June quarter with 323,788 employees.

HCLTech, 223.151 employees to end the first quarter by 269 people were cut by 269 people, Tech Mahindra’s staff fell to 214 to 148,517 employees. Wipro also reduced to 233,232 employees by 114 people in the first quarter.

TCS is the best Outsourer to add the number of personnel by 5,090 people by 5,090 people with 613,069 employees and 5,090 people.

Three of the country’s five largest outsuction users point to a harder road. In an IT Services company, the number of more personnel means more demand for IT services.

The decrease in the directorate comes to the background of a tariff war initiated by US President Donald Trump with geopolitical uncertainties. These can force the great reserve customers to continue their expenditures of infidelity, many of them as IT sellers.

InfoS Stocks increased by 1.26% of $ 18.49 at the New York Stock Exchange at 18:14.

In NSE, before the results were announced, Infoos decreased by 0.76% on Wednesday. LaEach won 1,558.90 and Nifty IT index 0.16%.