After COVID-19 several IT contracts are approaching renewal which is an opportunity for India’s leading IT firms. Contracts like Tata Consultancy Services (TCS) deals with Star Alliance and Nielsen Infosys agreements with GE Appliances and Daimler HCLTechs partnership with UK-based insurer Chesnara Wipros engagements with German utility E.ON and Brazil’s Petrobras and Tech Mahindras deal with Circle Health. Many of these contracts were signed during the Covid-19 pandemic with tenures of 3–5 years but may not follow a renewal process. According to media reports clients are likely to invite competitive bids increasing pressure on current IT companies. For example Infosys is working to integrate AI capabilities into its $3 billion deal with Daimler to extend the partnership beyond 2028. Wipro and L&T Technology Services have recently won new deals with Phoenix Group and a European automaker. This shows how IT companies are putting lots of efforts to sustain their current clients and renew contracts for more periods. TCS renewed two five-year contracts in Q4 FY25 one was for Norway’s DNB Bank for next-generation banking innovations and another one was with Coop Danmark for a digital transformation initiative. FY26 Guidance For IT Sector The Indian IT sector is expected to report weak performance for Q4 FY25 (Jan–Mar 2025) and issue cautious guidance for FY26 due to global economic uncertainty. HDFC Securities highlighted key challenges like lower discretionary spendingand a focus on cost-optimization projects over large-scale transformations. Q4 FY25 Performance Expectations: Infosys: Projected revenue drop of -1.8% quarter-on-quarter. TCS HCLTech Wipro and Tech Mahindra: Anticipated slight revenue declines of ~0.5%. L&T Technology Services: Forecasted to lead with 13.7% growth driven by seasonality and acquisitions. Persistent Systems: Estimated growth of 3.7%. Tata Elxsi Birlasoft and Sonata: Likely to underperform due to sector-specific or client-related factors. FY26 Growth Outlook: Infosys: Expected revenue guidance of 2–4%. HCLTech: Anticipated growth of 3–5%. Wipro: Guidance between -1% to +1.5% in Q1 FY26. L&T Technology Services: Expected growth exceeding 10%.