Mid-tier IT firms outpace larger rivals in deal wins & execution

Mid-sized IT services companies are emerging as strong contenders in securing and delivering large contracts, a space historically dominated by larger peers. Companies such as Coforge, LTIMindtree, and Persistent Systems have reported significant wins and revenue growth in FY25, contrasting with the more subdued performance of major firms like Tata Consultancy Services (TCS), Infosys, and HCLTech.