IT Sector Q1 Earnings Preview: PL cuts ratings on Infosys, Mphasis; TCS among top picks

In Q1FY26, the Indian IT sector is likely to show weak performance, with Prabhudas Lilladher predicting a 1.2% revenue decline. While firms like TCS and Infosys remain relatively strong, broader sector challenges include sluggish demand and ongoing margin pressures amid global caution.

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