INR appreciation and USD slide threatens FY26 earnings for Indian IT cos, says Kotak – Wipro, Persistent, Mphasis to be most affected
- Posted on May 13, 2025
- By Financial Express
- 3 Views
INR appreciation and USD slide threatens FY26 earnings for Indian IT cos, says Kotak – Wipro, Persistent, Mphasis to be most affected
With the Indian IT sector navigating a cost-sensitive demand environment, the emerging currency headwind could weigh heavily on earnings in FY26, and companies like Persistent, Mphasis, and Wipro are expected to face the greatest downside risk.
