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Q2 2025 IT Sector Earnings Preview: Earnings likely to be impacted by lingering effects of Trump-era tariffs and a sluggish macroeconomic environment, with mid-cap IT companies poised to outshine their larger counterparts.

The Indian IT services sector is set to kick off its September quarter earnings season, starting with Tata Consultancy Services (TCS). The July-September quarter was marked by subdued discretionary spending, elongated decision-making cycles, and cautious client...