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Mixed bag for TCS, Infosys, HCLTech, Wipro in Q2: BFSI sees uptick, large deals contract 🏢💰📈 #TCS #Infosys #HCLTech #Wipro #Earnings #Results #FYQ2 https://t.co/fFZB20JQdB
Mixed bag for TCS, Infosys, HCLTech, Wipro in Q2: BFSI sees uptick, large deals contract The top Indian IT services companies saw greenshoots on several fronts in the second quarter ended September 30, leaving the Street upbeat on the sector’s turnaround potential in the second…
#Q2WithETNOW | IT Majors Eye BFSI Sector Recovery TCS expects BFSI headwinds to ease by Q3FY25, with the sector showing early signs of a rebound. Infosys reports solid growth in the last two quarters and anticipates mid-term margin improvement, while Wipro remains confident in… https://t.co/OArz1CVUSA
The latest financial results for major Indian IT firms TCS, Infosys, HCLTech, and Wipro reveal a mixed performance for the second quarter ending September 30, 2024. The Banking, Financial Services, and Insurance (BFSI) sector showed signs of recovery, with TCS expecting headwinds to ease by Q3FY25. Infosys reported solid growth over the past two quarters and anticipates improvements in mid-term margins. Meanwhile, Wipro expressed confidence in its performance, despite the challenges faced in securing large deals. Overall, the results indicate optimism regarding the sector's potential turnaround.