{"id":950312,"date":"2025-07-28T07:38:39","date_gmt":"2025-07-28T02:08:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=950312"},"modified":"2025-07-28T08:11:59","modified_gmt":"2025-07-28T02:41:59","slug":"mid-cap-it-firms-top-larger-peers-on-ebit-front","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/28\/mid-cap-it-firms-top-larger-peers-on-ebit-front\/","title":{"rendered":"Mid-cap IT firms top larger peers on Ebit front"},"content":{"rendered":"<p>India\u2019s mid-tier IT services firms posted a stronger performance in Q1, outshining their large-cap counterparts on key profitability metrics even as the broader IT sector continues to grapple with weak global demand and sluggish discretionary tech spending. <\/p>\n<p>Net profit for IT firms <\/p>\n<p>Among the large-cap IT firms \u2014  Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro \u2014 only TCS managed to grow its net profit sequentially, posting a 4.4% quarter-on-quarter growth, boosted by one-off income tax gains and reduced expenses related to the winding down of a large transformation project for BSNL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s mid-tier IT services firms posted a stronger performance in Q1, outshining their large-cap counterparts on key profitability metrics even as the broader IT sector continues to grapple with weak global demand and sluggish discretionary tech spending. Net profit for IT firms Among the large-cap IT firms \u2014 Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro \u2014 only TCS managed to grow its net profit sequentially, posting a 4.4% quarter-on-quarter growth, boosted by one-off income tax gains and reduced expenses related to the winding down of a large transformation project for BSNL.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-950312","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=950312"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950312\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=950312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=950312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=950312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}