Growth hunters and margin hawks: The two blocs in India’s IT industry

HCL Technologies, Wipro, Hexaware Technologies, and Mphasis are concentrating on growth at the cost of profitability, while Tata Consultancy Services continues to emphasise that it remains committed to its aspirational profitability band of 26-28%.

​HCL Technologies, Wipro, Hexaware Technologies, and Mphasis are concentrating on growth at the cost of profitability, while Tata Consultancy Services continues to emphasise that it remains committed to its aspirational profitability band of 26-28%.