Mid-tier IT pips big five in Q1 via strong deal conversions, AI efficiencies

Share via:


Mid-tier IT Indian companies including Coforge, Mphasis and Persistent Systems outperformed top tier peers in the first quarter of fiscal year 2026 on strong deal conversions and higher AI efficiency amidst an overall hit from gloomy business environment.

Year-on-year (YoY) revenue growth improved in double-digits with an average of around 20% growth for five of them outpacing the five top tier ones that recorded flat to single-digit growth rate averaging 1.5% rise, data from companies’ April to June quarter financials showed.

While Coforge



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.

Popular

More Like this

Mid-tier IT pips big five in Q1 via strong deal conversions, AI efficiencies


Mid-tier IT Indian companies including Coforge, Mphasis and Persistent Systems outperformed top tier peers in the first quarter of fiscal year 2026 on strong deal conversions and higher AI efficiency amidst an overall hit from gloomy business environment.

Year-on-year (YoY) revenue growth improved in double-digits with an average of around 20% growth for five of them outpacing the five top tier ones that recorded flat to single-digit growth rate averaging 1.5% rise, data from companies’ April to June quarter financials showed.

While Coforge



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Apple reiterates long-term commitment to China

In a meeting with Li Chenggang, China’s International...

Why AI Agents Are ‘Just Another Backend’

In 2014, asking companies why they’d want to...

HelloFresh Meal Kit’s Discount Code for December 2025 Unlocks...

I don't know if a good knife is hard...

Popular