Indian IT giants Infosys, TCS see profits soar

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Indian IT giants Infosys, TCS see profits soar
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'This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and longstanding client relationships.'

India's Tata Consultancy Services CEO and Managing Director Rajesh Gopinathan speaks during a news conference after the announcement of the financial results of the company in Mumbai on April 19, 2018. "This is the strongest revenue growth that we have had in the last fifteen quarters," said Mr Gopinathan in a statement.[MUMBAI] India's biggest software exporters reported a surge in net profits on Friday thanks to strong revenue growth and a slew of big new deals.

"This is the strongest revenue growth that we have had in the last fifteen quarters," said CEO Rajesh Gopinathan in a statement."Our order book is bigger than in the prior three quarters, and the deal pipeline is also robust," he added. That was up from the 36.90 billion rupees recorded in the same period the previous year, a rise of 10.5 per cent.It added that 101 new clients were added during the quarter, bringing their total client count to 1,279.

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