Friday, 24 March, 2023

Analysts expect IT firms to generate better this quarter

<p>Indian IT services firms are expected to report better numbers in the quarter to September as global clients increase spending on cloud migration and other techs to maintain business continuity. The pandemic hampered profit and revenue growth in the previous quarter which may be reversed this time for firms including Infosys, TCS, Wipro etc. TCS will be the first to declare results on Oct 7 (1.9% hike expected), followed by Wipro on Oct 12 and Infosys on Oct 14.</p>