In a first, three majors from Indian Tech released their financial reports on the same day.
Wipro has reported a net profit of Rs 2,790 crore, Infosys’ profit rose to Rs 5,809 crore.
The largest tech firm in India, Tata Consultancy Services’ revenue rose 4.31% over the preceding quarter to Rs 48,885 crore in the three months ended December.
Infosys reported a 12% jump on-year basis in net profit during the December quarter, reporting a net profit of Rs 5,809 crore, against Rs 5,197 crore during the same period last year.
Even as Indian IT players continued to see attrition going up. Though the top three IT players continued to say that attrition was coming down, the actual numbers seem to lend credence to the ‘Great Resignation‘ phenomenon taking shape globally.