Infosys vs TCS vs Wipro: Amid Trump’s tariff flair, which IT stock is racing ahead after Q4 results 2025?

India’s top IT giants — Infosys, Tata Consultancy Services (TCS), and Wipro — delivered forgettable results for the quarter ended March 2025, weighed down by a mix of macroeconomic and geopolitical headwinds.

The IT sector continued to be plagued by weakness in client spending, particularly in key markets like the United States and Europe. Meanwhile, a major blow came from the imposition of tariffs by US President Donald Trump, which not only escalated trade tensions but also exacerbated fears of a potential recession in the US, which is the largest revenue contributor for Indian IT companies.