it sector muted growth: IT may see a muted Q4; rebound likely in FY25: Experts

The third-quarter performance of Indian IT majors such as TCS, Infosys, HCLTech and Wipro did not inspire much confidence. In Q3, Tata Consultancy Services posted a 4% increase in revenue and a 2% expansion in profit, while Infosys reported a 7.3% drop in profit. Meanwhile, Wipros profit fell 12% and HCLTechs grew 6.2%.

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