HCL Tech, Infosys Outperform TCS, Wipro As Pandemic-Led Digital Shift Continues To Drive Earnings
India’s largest information technology firms’ earnings were in line with estimates for the third straight quarter as demand for digital services and newer technologies remained elevated in the second year of the pandemic. Among the top four software services providers, Infosys Ltd. and Wipro Ltd. guided for double-digit revenue growth for the remainder of the financial year 2022. Tata Consultancy Services Ltd. and HCL Technologies Ltd. maintained their guidance for the last quarter.
Source: bloombergquint.com