Indian IT Giants Infosys, Wipro, LTIMindtree Surpass Revenue Estimates Amid Signs of AI-Driven Demand Recovery
Indian IT giants Infosys, Wipro, and LTIMindtree reported stronger-than-expected quarterly revenue on Thursday, signaling a rebound in demand as clients become more open to investing in artificial intelligence initiatives. The results reflect growing confidence among enterprises to resume or expand technology spending, particularly in AI-driven transformation projects. Companies cited improved client sentiment in the second half of the year, with increased interest in cloud, automation, and generative AI solutions. This uptick follows a period of cautious spending during the economic slowdown, as businesses delayed major digital investments. Analysts note that the recovery is being driven by both domestic and international clients, especially in North America and Europe, who are now prioritizing innovation and efficiency through AI. The positive outlook has boosted investor sentiment, with all three companies seeing gains in their stock prices following the earnings announcements. Industry experts suggest that the momentum could continue as enterprises seek to leverage AI to optimize operations, enhance customer experiences, and stay competitive in a rapidly evolving market.
