Report Card for the Indian IT Majors - Pecking Order Analysis of the "WITCH" Group

18 Jun 2012
by Jimit Arora, Ritika Dhingra


The Indian IT Service Provider landscape witnessed important changes in 2011. Everest Group has analyzed the financial results announced for the quarter ending March 31, 2012 to refresh and expand our pecking order analysis of the WITCH (Wipro, Infosys, TCS, Cognizant, and HCL) group across:

  1. Financial performance
    • Total revenues
    • Growth
    • Operating margins
  2. Industry vertical performance
    • Banking, Financial Services, and Insurance (BFSI)
    • Healthcare and Life Sciences
    • Energy and Utilities (E&U)
  3. Geographic performance
    • North America
    • Europe

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