TCS and rivals, Infosys and Wipro, have been winning more large contracts from businesses during Q3.
Tata Consultancy Services (TCS) on Friday reported a 7.2 per cent jump in its profit for the final quarter of 2020, as India s top software services firm benefitted from greater demand for its cloud services during the Covid-19 pandemic. (
The results kick off India s corporate earnings season for the December quarter, a seasonally weak period for the software industry, but one which analysts reckon has been good for IT firms in 2020 because in part due to the Covid-19 crisis.
TCS and rivals, Infosys and Wipro, have been winning more large contracts from businesses that are investing in services such as cloud-computing and cybersecurity to support their shift to remote work.