The curtain is set to rise on the December quarter earnings for the financial year 2025, with the season officially commencing in January 2026. The IT sector will take center stage, with industry giants leading the reporting schedule.
Key Dates for IT Major Results
As per the BSE results calendar, Tata Consultancy Services (TCS) and HCL Technologies will be the first off the block, announcing their Q3 FY25 financial numbers on January 12, 2026. Close on their heels, Infosys is scheduled to post its quarterly results for the same period on January 14, 2026. This marks the beginning of a crucial reporting period for Indian markets.
Analyst Outlook: A Sector Poised for Turnaround?
Sugandha Sachdeva, Founder of SS WealthStreet, provides an optimistic near-term outlook for the IT sector. She notes that large-cap IT stocks are showing initial signs of finding a bottom after a prolonged phase of correction and underperformance through much of 2025.
"The IT index remains down roughly 11% in 2025, making valuations attractive relative to broader markets," Sachdeva stated. She highlighted several supportive factors including easing global monetary conditions, favorable currency movements, and improving technical chart structures, suggesting the sector is well-placed for a potential recovery in 2026.
While acknowledging persistent regulatory challenges like changes to H-1B visa norms, Sachdeva believes the impact on large Indian IT firms will be limited. "Over the years, companies have diversified delivery models, increased local hiring in the US, and reduced dependence on visa-heavy staffing," she explained. The upcoming earnings season is viewed as a critical catalyst, with the sector's risk-reward balance turning favorable after a long underperformance cycle.
Stock Preferences Ahead of the Results
When it comes to specific investment picks ahead of the Q3 FY25 results, Sachdeva shared her analysis. While she sees selective upside in Wipro, her preferred choice is HCL Technologies. This preference is driven by HCL Tech's better momentum, clear growth visibility led by Artificial Intelligence (AI), and superior relative strength.
"AI-led productivity gains are emerging as a key margin stabiliser and growth driver across the sector," Sachdeva added. She believes that with anticipated global rate cuts, currency tailwinds, and improving demand, large-cap IT stocks—particularly TCS and HCL Tech—are positioned to outperform in 2026.
For long-term investors seeking stability, Sachdeva picked TCS as the preferred large-cap stock. "The Tata Group IT company appears more stable from a relative-strength and risk-reward perspective," she said. She pointed out that the stock seems to have established a strong support base near the Rs.2,850 level, with longer-term charts indicating accumulation at lower prices. TCS's strong exposure to the Banking, Financial Services and Insurance (BFSI) sector, consistent execution, and margin resilience offer defensive comfort within the IT pack.
Disclaimer: This article is for educational purposes only. The views and recommendations are those of the individual analyst. Investors are advised to consult certified experts before making any investment decisions.
