Trump tariffs: IT budgets to be trimmed; companies might provide muted guidance for FY26, say analysts

BENGALURU: IT services companies will report their Q4(January to March) FY25 earnings starting with Tata Consultancy Services on April 10 and analysts expect a weak exit for FY25 and unexciting guidance for FY26 due to rising global uncertainty. Wipro and Infosys will present their Q4 financial results on April 16 and 17, respectively.

“Budgets will be trimmed, and tech spends will be redirected toward extreme efficiency and resilience,” said Motilal Oswal Financial Services in its report.