India’s mid-tier IT firms narrow new business gap with the larger rivals

Revenue trends

Together, these seven midsize companies, each with $1 billion to $2 billion in annual revenue, added $1.1 billion in new business in FY26, down from $1.25 billion in FY25. By comparison, the six largest firms with annual revenues in the $5-$30 billion range increased $1.9 billion from $2.28 billion in FY25. Mint Analysis of company files.