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IT’s mid-order set to hit it out of the park for 2nd year

Mint Chennai

|

November 08, 2025

Sandeep Kalra, CEO and executive director of Persistent Systems, echoed that optimism.

“The pipeline is good. The pipeline, I would say, is broad-based and that is reflecting in our order wins. And rm hopeful that the industry should also be showing good order wins as we go along,” he said during the company’s I+ October analyst interaction.

LTIMindtrce, Coforge, and Persistent Systems reported orderwins worth $1.59 billion, $1.64 billion, and $609 million in Q2FY26, respectively.

TCShasan orderbookworth $10 billion whereas Infosys bagged deals worth$3.1billion during the period. New deal winsat HCL Tech totalled $2.57 billion,

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