IT Sector Update: As India’s tech sector evolves at lightning speed, July 2025 brings a fascinating mix of revenue setbacks, AI strategy pivots, and new hiring waves across top IT firms like HCLTech, Tech Mahindra, and Wipro.
Let’s decode what’s really happening behind the boardroom doors.
📉 HCLTech Reports Revenue Dip, Cuts Margin Forecast
In its Q1 FY25 earnings report, HCLTech posted a 9.7% drop in net profit, primarily due to slowing global demand and margin pressures. The company has now revised its margin guidance down to 17–18% for FY26, signaling cautious optimism amidst challenging conditions.
📈 Tech Mahindra’s Profit Surges Despite Revenue Miss
While Tech Mahindra narrowly missed revenue expectations due to softness in the Americas, the company shocked the street with a 34% jump in net profit, showcasing strong operational efficiency and improved cost control.
🤖 Wipro Goes All-In on AI with Massive Workforce Upskilling
In a bold move, Wipro Chairman Rishad Premji announced at the company’s AGM that AI is now central to Wipro’s strategy.
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Over 87,000 employees have already been trained in Generative AI.
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The company signed $5.4 billion in large deals recently.
Despite global uncertainty, Premji remains bullish on India’s role in the evolving tech landscape.
🧠 What It All Means: Caution Today, Confidence Tomorrow
Though revenue challenges continue, the strategic pivot towards AI and continued talent investments suggest that India’s IT firms are building long-term resilience.
🚨 The key takeaway? The sector isn’t shrinking — it’s transforming.
From “code factories” to “AI-first powerhouses,” Indian IT is in the middle of a historic reinvention.
📢 Join the Conversation
What’s your take?
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Will AI drive the next boom in Indian IT?
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Or will global market pressures pull growth back?
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