HCLTech’s bounceback in Q2 holds out hope of more

This contrasts with the lacklustre performance reported by TCS last week wherein the country’s largest IT exporter recorded slower-than-anticipated top-line growth and contraction in the margin. In addition, while employee attrition increased for each of the companies sequentially, TCS showed a higher headcount whereas HCLTech reported contraction for the second consecutive quarter.

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