mega deals: Mega deals at IT majors could slide to half of net new revenue for FY26

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The contribution of mega deals as part of total new revenue of India’s leading information technology firms could further slide in FY26 as clients’ focus undergoes a structural change.Even as they remain critical for robust growth, the percentage of mega deals—those with total contract value (TCV) of $500 million or more—will stabilise at around 50% for top IT services players in FY26, industry experts said.

Mega deals accounted for 55-65% revenues of the country’s top five IT services companies until FY24, data sourced by ET show.

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mega deals: Mega deals at IT majors could slide to half of net new revenue for FY26


The contribution of mega deals as part of total new revenue of India’s leading information technology firms could further slide in FY26 as clients’ focus undergoes a structural change.Even as they remain critical for robust growth, the percentage of mega deals—those with total contract value (TCV) of $500 million or more—will stabilise at around 50% for top IT services players in FY26, industry experts said.

Mega deals accounted for 55-65% revenues of the country’s top five IT services companies until FY24, data sourced by ET show.

These…



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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