TCS, InfosysTechnologiesandWipro, thethreebiggestITservicesexporters, all reported strongearningsthisfiscal year and have outperformed the stock market's mainindices.
WiproTechnologies says its designers enabled a U.S. semiconductor firm to bring a chip for a gaming PC to market 20% faster than it could have done with a U.S. design team.
The top five Indian players in consulting (Tata, Infosys, Wipro, Satyam and HCL Technologies) have averaged 30% revenue growth this year, while the largest U.S. players have averaged just 4%, according to Datamonitor senior analyst Patrick O'Brien.
Net profit is likely to fall by 2.5 percent, however, from the third quarter but up a decent 12 percent year-on-year for names like Tata Consultancy, Infosys (INFY), Wipro (WIT) and HCL Technologies.