Indian IT sector shows sequential recovery in Q2FY26; tier-2 techs lead growth

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The Indian IT sector witnessed a return to positive sequential growth in Q2FY26, driven by Tier-1 techs reversing declines seen over the past two quarters, while Tier-2 techs continued to outperform both in growth and margins, according to sector commentary, according to a report by Axis Capital.

The sectoral update report added that Tier-1 companies, including Infosys and Wipro, reported growth broadly in line with expectations, with Tech Mahindra posting a slight upside surprise.

The report added that tier-2 players such as Coforge and Persistent…



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Indian IT sector shows sequential recovery in Q2FY26; tier-2 techs lead growth



The Indian IT sector witnessed a return to positive sequential growth in Q2FY26, driven by Tier-1 techs reversing declines seen over the past two quarters, while Tier-2 techs continued to outperform both in growth and margins, according to sector commentary, according to a report by Axis Capital.

The sectoral update report added that Tier-1 companies, including Infosys and Wipro, reported growth broadly in line with expectations, with Tech Mahindra posting a slight upside surprise.

The report added that tier-2 players such as Coforge and Persistent…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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