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IT firms brace for muted Q2...

Financial Express Chandigarh

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October 06, 2025

THE MID-TIER PACK compris- ing Persistent Systems, Mpha- sis, and L&T Technology Ser- vices, is expected to outpace their bigger peers, aided by small but steady ramp-ups in Al-led and digital engineering programmes.

THE MID-TIER PACK comprising Persistent Systems, Mphasis, and L&T Technology Services, is expected to outpace their bigger peers, aided by small but steady ramp-ups in Al-led and digital engineering programmes.

Persistent’s CC revenue could rise about 3.5%, followed by Mphasis at 1.8% and LTTS at 1.2%, according to HDFC Securities.

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