27 July 2018

HCL Technologies displaces Wipro as India’s third largest IT services firm

HCL Technologies displaces Wipro as India’s third largest IT services firm


HCL Technologies Ltd surpassed Wipro Ltd to become India’s third-biggest software services firm in the three months, marking the first change in the pecking order of the country’s $167 billion information technology (IT) outsourcing industry in six years. 

Noida-based HCL Technologies announced that its dollar revenue increased 0.8% to $2.05 billion in the quarter ended 30 June from the preceding three months. Bengaluru-based Wipro’s dollar revenue declined 1.7% sequentially to $2.03 billion in the first quarter.

Source- The Livemint

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