Top 20 IT Companies in India - 2025 Report

Tata Consultancy Services recently entered the AI industry by opening the generative AI center in Paris. Unveiled at the beginning of 2025, this undertaking will help TCS secure more business in European markets and maintain its global leadership in artificial intelligence and automation. The center will be built as an AI Technology Center capable of handling companies of all sizes trying to find new transformation routes during the pandemic.

Key Information:

• CEO: K. Krithivasan (appointed on June 1, 2023)
• Founded: 1968
• Revenue: ₹2,41,000 crore for the fiscal year ending March 31, 2024
• Average Hourly Rate: $20 – $50/hr
• Employees Strength: 601,546 as of March 31, 2024
• Market Capitalization: ₹12,85,000 crore as of March 2025

TCS continues to be a global leader in IT services, consulting, and business solutions, consistently delivering innovative and practical solutions to clients worldwide.

Infosys has resolved all outstanding legal actions brought against its US entity, Infosys McCamish Systems, and has agreed to pay $17.5 million for a cyber attack from the 2023 period.

The current Infosys share price is $1614.15 after increasing by 1.74% on March 20, 2025. However, compared to the 52-week high, shares are still 19.57% down.

According to company officials, being a leader in the 2024 Gartner Magic Quadrant for Public Cloud IT Transformation Services is the best thing that has happened to Infosys in the past two years.

Key Information:

• CEO: Salil Parekh
• Founded: 1981
• Revenue: US$19.11 billion (LTM Q3 FY25)
• Market Capitalization: US$91.02 billion
• Employees Strength: 323,000+

With cutting-edge AI capabilities, cloud expertise, and a strong digital-first approach, Infosys continues to drive business transformation worldwide, serving clients in more than 50 countries.

Wipro has recently unveiled Agentic AI, a suite of services designed to enable governments and enterprises to build AI capabilities while at the same time preserving data sovereignty. The NVIDIA AI Enterprise software powering these services guarantees public sector officials the needed transformation by facilitating custom large language models and responsible AI accelerators.

Key Information:

• CEO: Srinivas Pallia (appointed April 2024)
• Founded: 1945
• Revenue: US$10.4 billion (FY 2023-2024)
• Market Capitalization: Approximately ₹1.5 trillion (as of March 20, 2025)
• Employees: Over 250,000

As of March 20, 2025, Wipro's shares rose by 0.83%, closing at ₹267.95 per share. Despite this gain, the stock remains 17.44% below its 52-week high of ₹324.55, reached on January 23, 2025.

HCLTech launched Industry NeXT, a program intended to expedite Industry 4.0 transformations. This campaign best uses the company's Mode 1-2-3 strategy to provide commodities that combine AI with the business and automatically rev up operations, collaboration on a big network, and implementation of business processes and services. If RPA is well applied, these advantages enable the company and the customer to achieve the program's objectives, such as increased productivity, customer satisfaction, and compliance enforcement.

Key Information:

• CEO: C. Vijayakumar (since 2016)
• Founded: 1976
• Revenue: US$12.3 billion (FY 2023-2024)
• Market Capitalization: Approximately ₹3.2 trillion (as of March 2025)
• Employees: Over 220,000 (as of March 31, 2024)

Through its robust service offerings and strategic initiatives, HCLTech remains at the forefront of technological innovation, empowering businesses worldwide to achieve digital excellence.

On the contrary, the company's revenue grew by 7.1% in the corresponding period, a feat made possible only by powerful business operations. On March 21, 2025, LTIMindtree's share price was ₹4,510.00, an increase of 2.01% from the previous closing price.

Key Information:

• CEO: Venugopal Lambu (appointed January 2025)
• Founded: 2022 (merger of LTI and Mindtree)
• Revenue: ₹13,302.10 crore for Q3 FY2025
• Net Profit: ₹1,085 crore for Q3 FY2025
• Employees: Over 81,000

Through its comprehensive service offerings and strategic initiatives, LTIMindtree continues strengthening its position as a leader in digital engineering and enterprise solutions, delivering value to its global clientele.

Persistent Systems reported strong financial results for the third quarter of fiscal year 2025, with revenues reaching $360.2 million, a 4.3% increase from the previous quarter and a 19.9% rise from last year. As of March 21, 2025, Persistent Systems' share price stood at ₹5,267.95, reflecting a 1.43% increase from the previous closing price.

The company continues to strengthen its position in the digital engineering space, focusing on expanding its cloud and AI solution offerings to meet the evolving needs of its global clientele.

Key Information:

• CEO: Sandeep Kalra
• Founded: 1990
• Revenue: $360.2 million for Q3 FY25, reflecting a 4.3% quarter-on-quarter and 19.9% year-on-year growth
• Employees: Over 23,000

Through its commitment to innovation and excellence, Persistent Systems remains at the forefront of digital business acceleration, delivering cutting-edge solutions that drive growth and efficiency for its clients worldwide.

Mphasis announced a 3.32% decrease in sales, the first revenue decrease. During the last three years, the company's stocks have shown a 25.71% loss of 25.71% Nifty 100 Index return. I returned, though yesterday was tough, and this company's stock has gained short-term esteem. On the given day, the stock had a significant trading volume, being in a high position, and it outdid its sector.

However, it is exhibiting mixed results regarding various moving averages. Mphasis consistently provides applied technology services, and the company is now focusing on machine learning (AI) and cloud migration solutions to enable its clients' digital transformation.

Key Information:

• CEO: Nitin Rakesh
• Founded: 1992
• Revenue: ₹12,000 crore (approximately $1.6 billion) for the fiscal year ending March 31, 2024
• Employees: Over 29,000

Through its commitment to innovation and client-centric solutions, Mphasis remains a key player in the IT services industry, adapting to evolving market dynamics and technological advancements.

One can deduce that the company had profits of ₹268 crore, marking an increase of 10.3% YoY in Q3 FY25 by Coforge. Sales revenues surged by a margin of 42.8% in the same quarter of the year. On March 4, 2025, the Coforge Board of Directors approved a 1:5 stock split to increase liquidity and bring down share prices. As a result, the company's share prices soared 7%.

By acquiring Rythmos and TMLabs, which enhanced the IT services division's competency, Coforge realized the growth of its offerings. In addition to improving Rythmos, Coforge focuses on the applicability of 30 generative AI applications in the insurance sector, upholding advanced insurance technologies.

Key Information:

• CEO: Sudhir Singh
• Founded: 1992
• Revenue: ₹2,055 crore for Q3 FY24, marking a 42.8% year-on-year increase
• Employees: Over 14,000 as of 2024

Through continuous innovation and strategic initiatives, Coforge remains a key player in delivering specialized IT solutions, particularly in the travel, banking, and insurance industries, with a growing focus on artificial intelligence.

LTTS has introduced TrackEi™, an AI-driven solution that improves railway safety by improving track inspections and maintenance processes. LTTS, on March 19, 2025, announced a collaboration with NVIDIA to develop artificial intelligence and machine learning solutions, hoping to boost innovation across different sectors.

LTTS facilitated the 3rd Annual Digital Engineering Awards in December 2024, where they recognized the genuine revolutionists of technology.

Key Information:

• CEO: Amit Chadha
• Founded: 2012​
• Revenue: ₹7,000 crore (approximately $950 million) for the fiscal year ending March 31, 2024​
• Employees: Approximately 24,000 as of 2024​

Through its commitment to innovation and excellence in engineering and R&D services, LTTS plays a pivotal role in shaping the technological landscape across multiple industries.

Oracle, the company that introduced new AI tools, included them in its NetSuite financial software to speed up routine business tasks. One noticeable feature is that users can quickly assemble their price quotes for complex purchases through a chatbot interface, speeding up the process for sales personnel and customers.

Oracle has agreements with cloud giants like Amazon Web Services, Microsoft Azure, and Google Cloud to increase its Cloud Infrastructure. Together, they are developing cloud computing and artificial intelligence projects. This trend allows Oracle to offer its top database software on different cloud platforms, which increases processing efficiency and widens the market reach.

Key Information:

• CEO: Sridhar Srinivasan
• Founded: 1990
• Revenue: ₹1,715.20 crore for Q3 FY2024, marking a 5.95% decrease year-on-year
• Employees: Approximately 8,754 as of 2024

Through continuous innovation and strategic collaborations, OFSS maintains its position as a key player in the fintech IT sector, delivering cutting-edge solutions to the global financial services industry.

The company's profit margin was significant, and revenue grew by 10.1% yearly (reaching ₹1,325.6 crore this year). However, profitability dropped by 2.7% year over year to ₹159.8 crore, corresponding to a PAT margin of 12%. The company's stock has increased by 53.5% in the past year.

Zensar was again rewarded as the Training APEX Awards winner for the fourth year, underlining the company's dedication to employee development and perfection. Its US firm of marketing promotional products, Indigo Slate, announced the opening of a London office, through which it aims to augment its geographical reach and offer European customers the best possible service.

Key Information:

• CEO: Ajay S. Bhutoria
• Founded: 1963
• Revenue: ₹1,325.6 crore for Q3 FY2025, reflecting a 10.1% year-on-year growth
• Employees: Approximately 10,000 as of 2025

Through continuous innovation and strategic initiatives, Zensar Technologies reinforces its position as a key player in digital transformation and experience-led IT services.

Redington Limited comes up with solutions for different entities to quickly achieve their goals. Their Technology Distribution department offers computer products, including PCs, laptops, tablets, smartphones, and peripherals. The Supply Chain Solutions provided include logistics, warehousing, and reverse logistics services. Redington's Cloud Services arm helps businesses find the right cloud strategy and correctly execute migration and optimization projects for digital transformation. Furthermore, they also render after-sales services and safe customer offerings with guaranteed product performance through support and maintenance.

Redington bought a 90% interest in Auroma Logistics, which allowed it to strengthen and expand its logistics and supply chain capabilities. Redington's Turkish division, Arena Bilgisayar, bought Brightstar Telekomünikasyon for $35 million in September 2021, which enlarged its Turkish market share. In August 2023, Rajiv Srivastava stepped down from the position of Managing Director of Redington, the board citing personal problems as the cause of his decision.

Key Information:

• CEO: V. S. Hariharan
• Founded: 1993
• Revenue: US$8.4 billion (Fiscal Year 2023)
• Employees: Approximately 5,037 (as of 2023)
• Global Presence: Operations in over 38 countries
• Market Capitalization: Approximately US$2.04 billion (as of March 2025)

Redington Limited continues to solidify its position as a leading technology distribution and supply chain solutions provider, focusing on innovation, strategic acquisitions, and delivering value to its clients globally.

Birlasoft reported a net profit of ₹180 crore, marking a 60% year-on-year growth. However, due to a slow demand environment, expectations for FY2025 are in line with FY2024. In February 2024, Birlasoft launched its generative AI platform, Cogito, aimed at enhancing digital transformation capabilities and introducing innovative solutions to clients.

In 2024, Birlasoft strengthened its cloud services portfolio by earning two major AWS Competencies:

• AWS Competency in Manufacturing and Industrial Consulting
• AWS Migration Consulting Competency (May 2024)

Key Information:

• CEO: Angan Guha
• Founded: 1990
• Revenue: Not specified in the available sources
• Employees: Over 12,500 professionals

Through continuous innovation and strategic partnerships, Birlasoft reinforces its position as a trusted partner in delivering exceptional value and meeting diverse stakeholder requirements in the dynamic digital landscape.

In the last quarter, Cyient reported a net profit of ₹122.3 crore, marking a 31.7% decline from ₹179 crore in the previous quarter. However, revenue grew 4.2% to ₹1,926.4 crore from ₹1,849 crore. On January 23, 2025, CEO Karthikeyan Natarajan resigned before completing two years in the role, leading to a 20% drop in share price.

Cyient adjusted its FY2025 rupee devaluation estimate to -2.7% from zero guidance. Additionally, the EBIT margin outlook for Q4 FY2025 was revised to 13.5% from the earlier estimate of 16%.

Key Information:

• CEO: Karthikeyan Natarajan (resigned on January 23, 2025)
• Founded: 1991
• Revenue: ₹1,926.4 crore for Q3 FY2025
• Employees: Approximately 10,000+
• Market Cap: Approximately $1.59 billion as of March 2025

Despite recent challenges, Cyient continues to focus on delivering intelligent engineering solutions and expanding its strategic partnerships across various industries.

Hexaware helps enterprises transition to the cloud, optimize their infrastructure, and implement Robotic Process Automation (RPA) and AI-based tools to enhance operational efficiency. The company also provides data analytics, artificial intelligence, enterprise resource planning (ERP), and other enterprise platforms to support business transformation and intelligent decision-making.

Under the leadership of CEO Ramakarthikeyan Srikrishna, Hexaware has strengthened its global presence with 58 offices across 28 countries, expanding its reach and strategic influence.

Key Information:

• CEO: Ramakarthikeyan Srikrishna
• Founded: 1990
• Revenue: Approximately $1.3 billion annually
• Employees: Over 31,600
• Global Presence: 58 offices across 28 countries

Hexaware's commitment to innovation and excellence has positioned it as a trusted partner for organizations seeking to navigate the complexities of digital transformation and automation.

IBM provides advanced AI technologies designed for business applications, enabling organizations to transition from AI pilots to full-scale production. Through IBM Consulting, clients can engage in designing, building, and operating high-performing businesses with expert guidance. IBM offers hybrid cloud solutions and IT infrastructure management services, facilitating seamless operations and enhanced efficiency. The company also delivers data-driven insights and robust cybersecurity solutions to support informed decision-making and protect organizational assets.

Key Information:

• Managing Director: Sandip Patel
• Founded: June 13, 1997
• Employees: Approximately 100,000
• Global Presence: Operations in 174 countries

IBM India continues to strengthen its position as a leading IT services provider, focusing on innovation, ethical AI, and delivering value to its clients globally.

Sonata Software offers a range of services to help businesses modernize and grow. Their Cloud Modernization services include strategy, migration, and optimization. With Data Modernization, they use analytics and AI to drive insights. Their Digital Transformation solutions enhance business processes and customer experiences. They also specialize in Application Development and Maintenance, ensuring reliable and scalable enterprise applications.

Sonata Software acquired Quant Systems, enhancing its digital and cloud services capabilities. The company has been recognized for its excellence in digital services and was featured in the "Top 15 IT Service Providers" by a leading industry analyst firm in 2024.​

Key Information:

• CEO: Samir Dhir​
• Founded: 1986​
• Revenue: ₹7,000 crore (Fiscal Year 2024)​
• Employees: Approximately 6,604 (as of 2024)
• Global Presence: Operations in over 30 countries​
• Market Capitalization: Approximately ₹15,000 crore (as of March 2025)​

Sonata Software continues to strengthen its position as a leading IT services provider, focusing on innovation, strategic acquisitions, and delivering value to its clients globally.

Tata Elxsi's service portfolio offers innovative applications and efficient processes all around. Its product engineering department covers industries such as automotive and aerospace, using necessary design and development processes, starting with a concept and ending with a prototype. Besides, industrial design caters to offering innovation-driven services in products, services, and user interfaces.

Therefore, the mentioned services provide a solution that integrates broadcast communication, healthcare, and the Internet of Things. The company's digital transformation proficiencies are employed to introduce new service offerings integrating IoT, cloud, and mobility. AR, VR, and AI platforms that enhance customer experience support these offerings.

Garuda Aerospace and Tata Elxsi signed an MoU to establish a Centre of Excellence for drone technology development and manufacturing on the country's uncrewed aerial vehicle (UAV) platform. The company offers top-notch design and technology services and is among the most qualified global service providers in the automotive and media sectors.

Key Information:

• CEO: Manoj Raghavan​
• Founded: 1989​
• Revenue: ₹2,127 crore (Fiscal Year 2023)​
• Employees: Approximately 12,969 (as of 2023)​
• Global Presence: Operations in over 30 countries​
• Market Capitalization: Approximately ₹45,000 crore (as of March 2025)​

Tata Elxsi continues strengthening its position as a leading design and technology services provider. It focuses on innovation, strategic partnerships, and delivering value to its clients globally.

A strong innovation focus has led Elightwalk to develop over 75 digital products, including Magento 2 extensions, ScandiPWA add-ons, and GraphCommerce integrations, to optimize e-commerce operations. Their work has powered businesses across industries, helping them scale and succeed in the digital marketplace.

Elightwalk continues to expand its capabilities through strategic development and client-centric solutions. The company boasts a team of skilled professionals led by CEO Jayram Prajapati, an expert in Magento 2 and solution architecture. The company's global outreach ensures high-quality service delivery while maintaining a strong presence in emerging e-commerce markets.

Key Information:

• CEO: Jayram Prajapati
• Founded: 2019
• Employees: 50-100
• Core Services: E-commerce Development, Web Development, PWA, Frontend Development, Backend Development, Mobile Apps
• Key Technologies: Magento 2, PWA, Shopify, Laravel, WordPress, React.js, Flutter, React Native, Software Development
• Global Presence: Serves clients worldwide

With a commitment to technological innovation and superior customer experience, Elightwalk Technology Pvt. Ltd. continues strengthening its position as a leading e-commerce and software development solutions provider.