In the previous quarter, the company had set its revenue growth guidance at 0-3 percent in constant currency for FY26. As of Q1FY26, Infosys has retained its operating margin guidance at 20-22 percent.
The attrition rate increased to 14.4% from 14.1% in the March quarter
The key market of the US, and the turnaround in the TMT vertical aided revenue
This move is expected to help Google attract customers in sectors such as financial services, healthcare, and the public sector, which handle sensitive data and have strict data residency needs, as AI becomes more widely adopted.
The investment firm currently employs around 7,000 people in its India GCC, and said it remains committed to maintaining that number.
With peers TCS and HCLTech struggling with weak demand, the Street will be keenly watching Infosys’ commentary on deal ramp-ups, AI-led transformation and the pace of recovery in key markets
Infosys has already concluded early discussions with each expert and will spend the coming weeks devising models and joint technology plans.
Lambu hits that another mega deal is on the cards and will be closed soon. It could be even bigger than the $450-million deal in the June quarter
While TCS’s work in quantum is still in the incubation stage, Peddigari noted that quantum AI could eventually lead to new levels of intelligence, automation, and innovation.
Wipro Q1 results: The firm's consolidated revenue from operations rose marginally to Rs 22,135 crore in Q1FY26 as against Rs 21,964 crore in Q1FY25. Both the topline and bottomline are a beat against average analyst estimates.
Wipro gave wage hikes ahead of time in September last year. And that was done within a year of rolling out wage hikes in December 2023, Govil had said in April.
Sequentially, the attrition rate increased to 15.1 percent for the last-twelve-month (LTM) basis. In Q4FY26, attrition stood at 15%.
On a year-on-year basis, the company added 897 employees. Total headcount for Q1FY26 stood at 1,48,517.
R&D delays and global EV headwinds temper growth momentum
Over 80,000 job seekers have already been placed in FY25 under the initiative.
Margins took a hit because of the company’s investments for the future
The company is expecting to have about 15-20 percent of the freshers hired this fiscal year to be 'elite cadre', while it is open to hire more but the focus will be on quality over quantity
The company also tightened its operating margin guidance to 17-18%, down from the earlier range of 18-19%, which reflects near-term challenges.
Despite expecting decent growth in Q1 in the international markets, TCS saw project delays driven by the macroeconomic challenges that led to the negative growth, Krithivasan said.
Currently, many global banks have 60-70 percent of their technology and operations teams based in India. In some cases, up to a third of their global headcount is concentrated here.
From Infosys to Wipro, TCS, HCLTech, and Tech Mahindra, annual reports show a decisive pivot: a push to move away from purely linear, headcount-led services revenue toward intellectual property and high-margin platforms.
The current financial year is likely to be similar to FY25 despite assumptions of a back-ended recovery
Through this agreement, HCLTech will transform the Kiwi city council’s IT services across cybersecurity, hybrid cloud, asset management and network services
“We have been in deep communication with the White House about the uncertainty. We just need to get to clarity so we can actually respond,” Cisco's CEO Chuck Robbins said during his India visit.
Robbins shared that India has also proven to be a "viable place" for the company to export products out of. Cisco has been working with the government to get all the licenses needed for it, he said.