MUMBAI -- India's top information technology companies, including Tata Consultancy Services, Infosys, HCL Technologies and Wipro surprised market watchers by reporting record results during the quarter ended December, as their global clients accelerated their digital transformation efforts amid the COVID-19 pandemic.
The IT companies all reported record quarterly net profits in an otherwise seasonally weak period. The combined net profit of the four companies surpassed 200 billion rupees ($2.7 billion) for the first time.
