The Indian IT sector is in the eye of a storm. From global uncertainty impacting deal wins to companies planning layoffs to manage costs, top Indian IT companies like Wipro, TCS, HCLTech, and Infosys are grabbing headlines every day.
The sector posted rather muted numbers so far, with most tech majors clocking single-digit revenue growth in the quarter. The overall business growth of the Indian IT sector, which is largely driven by services exports, remained uncertain due to the global tariff concerns and geopolitical uncertainties.
Here is a look at the major Indian IT companies and how they have been trending on Google Trends in the last 7 days –
TCS
TCS has been making headlines after the company’s CEO indicated plans for a 2% cut in workforce over the weekend. All eyes are on how this pans out as the company undertakes aggressive cost-cutting measures
According to Jefferies, the move by TCS reflects its growing focus on conserving margins amid continued growth pressures and is the third such move in the past 3 months after deferral of wage hikes in April earlier this year and the benching guidelines introduced in June.
They added that despite not being the best paymaster, TCS has enjoyed lower-than-industry attrition levels as it offered a long-term career path and job stability to its employees. “In the near term, the ongoing lay-offs will hurt employee morale and could potentially lead to execution slippages,” they added.
Wipro
Wipro posted a profit growth of 53.70 per cent YoY at Rs 3,696.10 crore in Q1FY26. The company posted revenue from operations at Rs 17,195.40, registering a growth of 2.38 per cent year-on-year.
On July 24, Wipro announced that it has bagged a multi-year contract from Saudi electric company National Grid SA to modernise the client’s meter data platform.
HCLTech
HCLTech announced a profit of Rs 3,843 crore in Q1FY26. This was 9.73 per cent lower in comparison to Rs 4,257 crore recorded during the corresponding quarter of FY25. The company posted revenue from operations for the period at Rs 30,349 crore.
Last week, HCLTech entered into a strategic Memorandum of Understanding with the Swiss Network in India to join the Indo-Swiss Innovation Platform. The Platform, established alongside the Trade and Economic Partnership Agreement (TEPA) framework, aims to strengthen the digital infrastructure and strategically boost Indo-Swiss collaboration.
Infosys
Infosys posted Q1 profit at Rs 6,924 crore, up 8% YoY. The company reported revenue from operations at Rs 42,279 crore, up 7.54 per cent as against Rs 39,315 crore posted during the same period of FY25.
The quarter was marked by a strong jump in large deal wins for the company, as the large deals in Q1 came in at $3.8 billion.
On July 28, Infosys announced a strategic collaboration with RWE, a German multinational energy company, to drive automated digital workplace transformation and improve operational efficiency