IT earnings slump

Indian IT giants TCS, Infosys and Wipro have announced disappointing earnings in Q4 FY25 as major headwinds such as global growth slowdown, persistent demand uncertainty, and concerns over US trade policies continue to remain a headache. While the Q4 earnings have essentially been a mixed performance on key numbers, the cautious tone of their management for FY26 amid global uncertainties is a matter of concern.