 "Rajesh Gopinathan, TCS; Salil Parekh, Infosys and Thierry Delaporte, Wipro")
On a day three IT services majors announced their third quarter financial results for FY22, Infosys clearly led the chart with a strong performance on several fronts. Both Tata Consultancy Services and Infy beat the Street estimates on growth, while Wipro fell short of expectations after delivering consistent performance in the last three to four quarters.
Even as TCS managed to report strong revenue growth, it missed the Bloomberg estimates on operating profits. TCS margins came in at 25 per cent. The company also announced on Wednesday that its board had approved a buyback plan of up to Rs 18,000
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