IT Sector Q4 FY26 Earnings: Key Dates & What to Watch

Earnings Calendar • Tata Consultancy Services – April 9, 2026 (kickstarts season) • Wipro – April 16 • Tech Mahindra – April 22 • Coforge & Mphasis – Expected April 22–28 Expectations • Tier-2 IT likely to outperform – Mphasis: ~2.3–2.5% QoQ CC growth (BFSI-led) – Coforge: ~2% QoQ CC growth with strong order book • Tier-1 Mixed Trends – Wipro: ~1% QoQ growth (Harman-led) – Tech Mahindra: Flat growth, margins ↑ 40–60 bps Key Monitorables • FY27 growth guidance • Deal wins & order pipeline • Impact of US tariffs & macro environment • Commentary on AI-driven demand shifts Why It Matters IT stocks have underperformed due to GenAI concerns and global uncertainty. This earnings season will be critical to assess demand recovery and future growth visibility. Learning Outcome In IT, management commentary often matters more than current earnings. Investors should focus on guidance, deal pipeline, and demand outlook to gauge sector direction.