How TCS, Infosys, HCL Tech Q2 results show record billion dollar deals aren’t enough

The Q2 earnings for major IT services companies Tata Consultancy Services (TCS), Infosys, and HCL Tech have shown positive results in terms of margins and deal wins. TCS reported an EBIT margin of 24.3%, Infosys 21.2%, and HCL Tech 18.5%. Record-high total contract value (TCV) of deal wins has also been observed.