India’s top IT firms reported mixed results for FY26 due to the impact of AI. TCS saw a 12.22% increase in net profit for Q4 and a 1.35% growth for the full year. Infosys recorded a 20.8% increase in net profit for Q4 and a 10.20% growth for the full year.
HCLTech reported a 4.30% decline in profit for the full year, despite an 11.18% increase in revenue. Wipro’s net profit grew by only 0.47% for the full year. Tech Mahindra reported a 16% profit increase for Q4 and a 13.15% growth for the full year.
AI is creating new revenue opportunities while impacting traditional IT service revenues. Clients are placing more emphasis on results and project scale in their IT service purchases. This shift is forcing companies to adapt quickly to changing demands.
Historically, these firms have thrived on consistent revenue from IT services. However, the rise of artificial intelligence is altering this landscape significantly.
Analysts expect continued volatility as companies adjust their strategies to leverage AI effectively.
