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Infosys Q4 headcount dips by 8440 as attrition climbs to 12.6%

Infosys Q4 headcount dips by 8440 as attrition climbs to 12.6%

Infosys cut its headcount by 8,440 in Q4FY26, bringing total employees to 3,28,594 at the end of March 2026. The move comes even as the company reported higher quarterly profits. Year-on-year, headcount is still up by 5,016 employees, but attrition has risen to 12.6%, signaling deeper workforce churn.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HCL Tech growth and margins face pressure as guidance points to weaker outlook

HCL Tech growth and margins face pressure as guidance points to weaker outlook

Market watchers are bracing for a tougher stretch at HCL Tech after the latest quarterly results missed expectations on both growth and margins. Although the company highlighted new deal wins, investors are questioning their quality and long-term sustainability amid ongoing geopolitical risks. Forward guidance implies results may land near the lower end of projections.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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AI productivity push raises pressure on Indian IT firms and threatens choppy delivery years ahead

AI productivity push raises pressure on Indian IT firms and threatens choppy delivery years ahead

Indian IT services firms are moving from incremental AI experiments to bigger, client-facing commitments tied to productivity gains. The shift raises the stakes: if promised outcomes don’t materialize on time or cost, delivery could become volatile. Analysts warn the next few years may look choppy as contracts, performance expectations, and AI-driven timelines collide.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian IT banks on AI but revenue per employee stalls as demand discounts bite

Indian IT banks on AI but revenue per employee stalls as demand discounts bite

Indian IT firms have embraced the AI wave, but revenue per employee growth is stalling. AI adoption is colliding with softer client demand and rising discounting, muting the payoff. HCL Tech’s reported USD 100 million in AI revenue signals early traction, but broader gains are expected only later, with experts pointing to FY30.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Persistent Q4 net profit jumps 34% to Rs 529 crore on BFSI and tech demand

Persistent Q4 net profit jumps 34% to Rs 529 crore on BFSI and tech demand

Persistent’s Q4 net profit rose 34% to Rs 529 crore, with revenue climbing 25.1% year-on-year to Rs 4,055.9 crore. The standout was BFSI, growing 24.3% annually, alongside 11.2% growth in software, hi-tech and emerging industries. Healthcare and life sciences also rebounded, up 14.1% after earlier lagging.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Wipro Q4 profit dips 2 percent but revenue rises 8 percent and buyback signals confidence

Wipro Q4 profit dips 2 percent but revenue rises 8 percent and buyback signals confidence

Wipro reported a 2% YoY dip in March-quarter net profit to Rs 3,502 crore even as revenue climbed 8% to Rs 24,236 crore. The IT services business grew sluggishly, with revenue up just 0.6% sequentially. Amid cost pressure and declining operating margins, Wipro approved a Rs 15,000 crore share buyback, aiming to reassure investors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian IT firms race to staff forward AI engineers as talent scarcity drives costs

Indian IT firms race to staff forward AI engineers as talent scarcity drives costs

As AI deals get tougher, Indian IT companies are pushing “forward-deployed” engineers onsite to turn AI proposals into real products. Infosys and Cognizant are ramping up, but the talent pool is thin and costs are rising. Accenture remains ahead, leaving a high-stakes race: who builds the team first could decide which clients stay loyal.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
LTTS Q4 net profit rises 7% to Rs 332 crore after division divestment

LTTS Q4 net profit rises 7% to Rs 332 crore after division divestment

LTTS reported a 7% year-on-year rise in Q4 net profit to Rs 332 crore. After divesting its Smart World and Communication (SWC) division, net profit from continuing operations increased 23.6% year-on-year and 8.9% quarter-on-quarter, signaling strength despite the reshaping of the company’s business.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Infosys plans to hire 20000 freshers in FY27 as headcount crosses 3 lakh

Infosys plans to hire 20000 freshers in FY27 as headcount crosses 3 lakh

Infosys CFO said the company plans to hire 20,000 freshers in FY27, following the release of the firm’s fourth-quarter results for FY26. The IT services company, now the second-largest in its category, reported total employee strength of 3,28,594 at the end of March, underscoring its scaling workforce alongside new recruitment.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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AI scrambles old IT growth signals forcing Indian firms to rethink metrics fast

AI scrambles old IT growth signals forcing Indian firms to rethink metrics fast

Indian IT companies historically forecast growth using familiar markers like headcount and total contract value, often even with loose guidance. But AI-driven delivery models are distorting those relationships, making legacy metrics unreliable. Firms are now racing to identify new indicators that better predict demand, productivity, and future revenue trajectories.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI is flipping India’s IT giants playbook as VC backed rivals turn services into software

AI is flipping India’s IT giants playbook as VC backed rivals turn services into software

AI is reshaping India’s technology landscape, eroding one of IT services’ biggest advantages: scalability over startups. New VC-backed firms are moving beyond “custom coding” to AI-heavy products that package services as software, squeezing margins and forcing incumbents to adapt their offerings, delivery models, and competitive strategy.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tech Mahindra Q4 net jumps 16 percent to Rs 1,354 crore on large deal wins

Tech Mahindra Q4 net jumps 16 percent to Rs 1,354 crore on large deal wins

Tech Mahindra’s IT services arm reported a 16% jump in Q4 net profit to Rs 1,354 crore. Revenue stood at Rs 15,076 crore, rising 4.7% sequentially and 12.6% year-on-year. The company attributed the performance to large deal wins and growth across communications, BFSI, technology, and media and entertainment despite a tepid macro environment.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tech Mahindra Q4 beats revenue estimates as shares swing back after profit miss

Tech Mahindra Q4 beats revenue estimates as shares swing back after profit miss

Tech Mahindra posted Q4 FY26 revenue of ₹15,076 crore, up 12.6% year-on-year and beating market estimates, marking its first double-digit growth in three years. Net profit was ₹1,354 crore, slightly below some projections, yet the stock recovered quickly from an early 6% dip and moved flat. The company declared a final dividend of ₹36 per share.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Infosys Shares Drop as FY27 Guidance Looks Cautious Despite $20 Billion Revenue Milestone

Infosys Shares Drop as FY27 Guidance Looks Cautious Despite $20 Billion Revenue Milestone

Infosys crossed the $20 billion revenue milestone in FY26 and delivered strong profit growth, but its stock fell after Q4 results. The culprit was a cautious FY27 outlook, with revenue growth guided at 1.5%–3.5% and margins at 20%–22%. Investors signaled concern over slower deal-to-revenue conversion and demand softness.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
LTIMindtree LTM Q4 profit jumps 18.8% YoY to Rs 1,341 crore on improving deals

LTIMindtree LTM Q4 profit jumps 18.8% YoY to Rs 1,341 crore on improving deals

LTIMindtree, formerly LTM, reported March-quarter revenue of Rs 11,292 crore, up 15.6% year-on-year, with profit rising 18.8% to Rs 1,341 crore. Growth came as deal momentum improved despite a sluggish macro backdrop. The company is targeting a doubling of revenue within five years, after crossing the Rs 10,000-crore topline milestone in the July-September 2025 quarter.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian IT firms open deal books as AI pressure sparks M&A rush in 2026

Indian IT firms open deal books as AI pressure sparks M&A rush in 2026

After years of restraint, Indian IT companies are moving from cautious scouting to active M&A, spurred by rising AI pressure. A more acquisitive TCS is leading the shift, while ER&D is increasingly viewed as value buying. In 2026, AI-linked cloud assets are expected to drive deals, with ambitious mid-tier firms gaining momentum over top-tier giants.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Persistent Systems Q4 profit surges 34 percent YoY to Rs 529 crore on revenue growth

Persistent Systems Q4 profit surges 34 percent YoY to Rs 529 crore on revenue growth

Persistent Systems reported a sharp rise in Q4 performance, with consolidated net profit growing 33.73% YoY to Rs 529.26 crore for the January–March quarter of FY26. Revenue also expanded by 25%, signaling stronger profitability momentum than top-line growth in a mid-tier IT services cycle.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Infosys Q4 profit jumps 21 percent but FY27 outlook widens

Infosys Q4 profit jumps 21 percent but FY27 outlook widens

Infosys, India’s second-largest IT services firm, reported a strong 21% jump in Q4 FY26 profit alongside resilient revenue. While it continued to outperform some rivals, the company expanded its FY27 annual revenue guidance range, signaling caution. Management pointed to global economic uncertainty and shifting IT demand pressures, including the evolving influence of AI on budgets and deal cycles.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Infosys Q4 profit jumps on banking energy and telecom demand

Infosys Q4 profit jumps on banking energy and telecom demand

Infosys ended FY26 on a strong note, with Q4 profits rising as demand picked up from banking, energy, and communication clients. The turnaround in these key verticals helped lift performance, setting the tone for what investors will watch next. Meanwhile, other tech updates in the news cycle also kept attention on India’s broader digital marketplace.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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