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 rel=”dofollow” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” target=”_blank”>Infosys and rel=”dofollow” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” target=”_blank”>Wipro, reported growth broadly in line with expectations, with rel=”dofollow” href=”https://economictimes.indiatimes.com/tech-mahindra-ltd/stocks/companyid-11221.cms” target=”_blank”>Tech Mahindra posting a slight upside surprise.

The report added that tier-2 players such as rel=”dofollow” href=”https://economictimes.indiatimes.com/coforge-ltd/stocks/companyid-858.cms” target=”_blank”>Coforge and rel=”dofollow” href=”https://economictimes.indiatimes.com/persistent-systems-ltd/stocks/companyid-21519.cms” target=”_blank”>Persistent…

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 rel=”dofollow” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” target=”_blank”>Infosys and rel=”dofollow” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” target=”_blank”>Wipro, reported growth broadly in line with expectations, with rel=”dofollow” href=”https://economictimes.indiatimes.com/tech-mahindra-ltd/stocks/companyid-11221.cms” target=”_blank”>Tech Mahindra posting a slight upside surprise.

The report added that tier-2 players such as rel=”dofollow” href=”https://economictimes.indiatimes.com/coforge-ltd/stocks/companyid-858.cms” target=”_blank”>Coforge and rel=”dofollow” href=”https://economictimes.indiatimes.com/persistent-systems-ltd/stocks/companyid-21519.cms” target=”_blank”>Persistent…