Weaker rupee boosts IT revenues by 6% in FY26
after close1 source ↓written by the desknot a recommendation
- in FY26
- 4-6%
- operating margins
- 40-60 bps
- fall
- ₹4.2
The Indian rupee's decline has increased revenues for the top five IT firms by 4-6% in FY26, despite muted discretionary spending. This depreciation has also supported operating margins by 40-60 bps. A ₹4.2 fall against the US dollar has inflated rupee-denominated earnings, benefiting companies like TCS and Infosys.
Not investment advice. For informational purposes only.