IT companies' results: all that you need to know
Shital Jibhe / 14 Feb 2017
India's IT companies have delivered impressive results for the third quarter ended on December 31, 2016. Let us have a quick look on how they have impressed investors with their outstanding results:
India's IT companies have delivered impressive results for the third quarter ended on December 31, 2016. Let us have a quick look on how they have impressed investors with their outstanding results:
* TCS recorded 2.13 per cent increase in its standalone net profit; and 7.22 per cent increase in its revenue for the quarter ended on December 31, 2016.
* Infosys recorded 13.78 per cent increase in its standalone net profit; and 10.22 per cent increase in its revenue for the quarter ended on December 31, 2016.
* Wipro recorded 4.29 per cent decrease in its standalone net profit; and 0.93 per cent increase in its revenue for the quarter ended on December 31, 2016.
* HCL Tech recorded 0.72per cent increase in its standalone net profit; and 9.33 per cent increase in its revenue for the quarter ended on December 31, 2016.
* Larsen & Toubro Infotech recorded 10.95 per cent increase in its standalone net profit; and 31.30 per cent increase in its revenue for the quarter ended on December 31, 2016.
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