Speaking to ET Now, Gaurang Shah from Geojit Investments summarized the recent results:
“On the IT front, there was anticipation of disappointing numbers due to global and local headwinds. But from TCS to Infosys and Mphasis, there has been no disappointment, which is good news. Depending on management strategy, we should see improvement in the coming quarters and next financial year. Any resolution between the US and India on trade will further support the sector. H-1B visa issues won’t significantly impact the bottom line, and ventures into data centres and Gen AI will boost future growth.”
On Infosys’ revised revenue outlook for FY26, Shah said:
“It reflects the opportunities not just in India, but also in the Americas and other regions. IT managements are conservative in guidance, often under-promising and over-delivering. Concerns about AI impacting companies are being managed, and the focus is on leveraging new AI platforms. Quarter-on-quarter numbers matter less than the long-term horizon.”
Analysts view these developments positively, indicating Indian IT firms are positioned to capitalize on emerging technologies and global opportunities, despite ongoing trade negotiations and visa concerns.