01 Oct 2025 | 5 Mins Read

IT Companies Face Tough Q2FY26, Mid-Caps to Outperform Large-Caps

Flipitmoney

For Q2FY26, analysts expect a muted IT services quarter with 0-2.4% QoQ CC growth for large-caps and -0.5 to 6% for mid-caps. TCS is forecasted to report 1% CC growth, Infosys 2.4% CC, Wipro 0.3% CC, and Tech Mahindra 1% CC. Mid-caps like Coforge, Persistent Systems, and Hexaware are expected to outperform with 6%, 3.5%, and 3.3% QoQ CC growth, respectively.