Below is the revenue comparison of three pillars of Indian IT industry.
Infosys: Infosys reported a 3.6% dip in consolidated net profit at Rs 1,582 crore. Income from software services, products and business process management stood at Rs 5,741 crore during the quarter, a marginal decline over Rs 5,786 crore in the year-ago period as per Indian accounting rules. Revenue for the quarter dropped 0.8% to Rs5,741 crore year-on-year.
TCS: TCS posted a 33.9% jump in its net profit at Rs 1,824 crore for the quarter ended December 31, 2009 as compared to the same period a year ago. Its revenue, too, jumped 5.1% on strong volumes of 6.6% to touch Rs 7,649 crore year-on-year.
Wipro: In the quarter ended December 31, Wipro posted a 21% rise in net profit to Rs 1,217 crore, compared to the corresponding quarter in the previous year. Revenue increased 5% to Rs 6,966 crore. Compared to the preceding quarter (Q2), net profit was up 4.7% and revenue was up 0.7%. Revenue from IT services increased to Rs 5,164 crore, up 2% from a year ago.
March 14, 2010
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