Pressure amps up on Infosys, Wipro likely to beat high expectations

Infosys Ltd., Wipro Ltd. and HCL Technologies Ltd. are up against high expectations as investors increasingly fret over a potential market correction.

The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous year. While April-June quarter earnings did show an improvement, elevated full-year expectations might prove hard to beat.