Despite global macroeconomic head winds and a cautious environment of IT expenses, Indian technology companies such as HCltech, Tech Mahindra, Systems and Mphasis have reached the trend in the quarter of March, recording resistant growth driven by strong victories, sector diversification and aggressive investments in the AI gene.
Analysts attribute HCltech’s resistance to their strong focus on the measurable results of customer delivery, OBs backed by contractual commitments, which demonstrates their confidence in execution. The company combines a deep engineering experience with flexible cloud -based solutions that easily adapt to the needs of evolving customers.
C. Vijayakumumar, CEO and MD of HCltech, during the Fourth Quarter Telefónica Conference shared: “Our growth of fiscal year 200 was backed by our portfolio of diverse and everything, despite the global economic uncertainty. Our reserves of Razor-Sharpus helped us to the results of our orientation or 2-6 percent for the Fy26 is also driven by the books Q4. Our orientation or 2-6 percentage for 2-6 percentage for the FY26 is also driven by Q4 reserves.
Biswajit Maity, MR main analystHe highlighted the company’s approach to combine engineering experience with cloud -based adaptable solutions, along with an approach to integrate sustainability into its offers, it positions it as a solid transformation partner.
“HCltech has a portfolio of healthy offers and continues to invest in AI and digital transformation, which is expected to feed future growth. The company is still focused on the delivery results for the execution of the execution of thattcements of that -i itte -i Italcements Strategic efforts strengthen its position as a global provider of IT services to changes and achieve long -term transformation objectives. “
Similarly, Tech Mahindra also offered resistant performance, with recovery encouraging signs in specific sectors. According to an Oswal Financial Services (MOFSL) Motilal Report, Tech Mahindra’s income perspective shows the strength in BFSI, where early recovery signals are visible and the client’s progress continues. Communications remain neutral, while manufacturing and high technology sectors remain under pressure, gently in vertical and discretionary automotive spending in Hi-Tech.
Despite the thesis challenges, Tech Mahindra registered an annual increase of 42% in TCV in accordance with fiscal year 2015, the strongest between large and medium Pers, according to the report.
“We remain positive about the restructuring in Tech Mahindra under the new leadership and we believe that this quarter was another step in the right direction. But we hope that the impact of these steps will be gradually visited. Its inferior uprivantententententantntentantte estanttententententententestentente “.”
Meanwhile, persistent systems also stood out with their constant execution despite the broader macroconomic challenges. Kumar Rakesh, analyst – Ti and Auto in BNP Paribas India, said the company continues to offer strong growth, demonstrating its solid execution engine.
“As the market feels comfortable with short -term macroeconomic groups, we see that the company’s long -term growth solid increases a better appreciation,” Rakesh said in a report.
“Despite the macroeconic challenges in the last two years and the impact related to DEGE on the recent quarter, maintained a solid income growth yield. We see that its growth drivers are diversified and decoupled from the macrococonomic uncertainties: this increases the increase in this increase in the elevation-this increase in this increase-signing-thy assumed by this. Raise-Thisthinties-Thisthinties-Thisthinties-Thisthinties-Thistinies-There-Thhashisthinties are being built in our recent estimates also showed that the company is back with the expansion and management of the margin.
Posted on April 27, 2025
