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Friday, January 12, 2024

HCLTech beats peers, Wipro lags

HCLTech looks to be the star of the quarter ended December, outshining its IT peers with a 4.3% year-on-year revenue growth in constant currency (which discounts impact of currency fluctuations), compared to the year-ago quarter. On the other hand, Wipro's weak performance continued, with a sharp decline of 6.9% during the same period. TOI had reported on Friday that TCS's revenue in the quarter grew 1.7% year-on-year in constant currency, while that of Infosys declined by 1%.

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