HCLTech, India s third-largest software exporter, outperformed expectations with a 6.2% rise in net profit and a 6.5% increase in revenues in Q3. Meanwhile, Wipro reported a steep 12% fall in profits and a 4.4% dip in revenue. HCLTech s success can be attributed to the $2.1-billion Verizon deal and an increase in headcount.
It is anticipated that the third quarter results will likely demonstrate attrition rates similar to Q2. However, the global scenarios and challenges could potentially lead to unforeseen outcomes in IT hiring scenario, , hiring, attrition, it services