AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ rise
The latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial intelligence services. Tata Consultancy Services saw its AI revenue double year-over-year, and both HCLTech and Infosys reported significant increases in profits and revenues. Wipro took a more cautious approach, not disclosing AI figures but emphasizing transformation for its clients through AI solutions.
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