Infosys Vs Wipro Vs TCS: How did tech majors perform in Q4FY25? A look at key signals for FY26

With the fiscal fourth quarter earnings season already started and major IT services firms – Tata Consultancy Services (TCS), Wipro and Infosys – having released their Q4 numbers, analysts said that the cautious tone of the companies’ management for FY26 amid global uncertainties is a matter of concern. The three IT giants have reported mixed Q4FY25 performance amid major headwinds such as global growth slowdown, persistent demand uncertainty, and concerns over US tariff.