Bengaluru, Jan. 20 -- Two of the country's mid-sized information technology (IT) services companies, LTIMindtree Ltd and Persistent Systems Ltd, beat analyst expectations, mirroring the performance of the big five IT services companies during the October-December 2025 quarter.

However, both LTIMindtree and Persistent Systems have guided for much faster growth in the current January-March 2025 period, in contrast to the caution outlined by their larger peers.

The country's ninth-largest information technology (IT) services company ended the October-December 2025 period with $422.5 million in revenue, up 4.01% sequentially and 17.3% on a yearly basis. More than a third of this growth came from banks and financial institutions.

On the oth...