Indian IT Firms’ Outlook Seen Brighter After TCS Earnings Beat

TCS earnings beat, deal wins signal better outlook for sector
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An Infosys office building in the Electronic City area of Bengaluru.Photographer: Dhiraj Singh/Bloomberg

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By Harshita Swaminathan, Rachel Yeo, and Reina Sasaki

April 12, 2024 at 1:30 AM UTC

Updated on

April 15, 2024 at 4:56 AM UTC

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Infosys Ltd. and Wipro Ltd.’s commentary and forecasts will be closely watched as markets look forward to a rebound in client spending boosting earnings after bigger rival Tata Consultancy Services Ltd. reported profit that beat analysts’ estimate.