Pre & Post Covid- Financial Performance of Select It Companies in India

• S. Shakthivel

  Student, Department of Commerce, Loyola College, Chennai

  Author

• Ajith

  Student, Department of Commerce, Loyola College, Chennai

  Author

• Dr. S. Prasanna Kumar

  Assistant Professor, Department of Commerce, Loyola College, Chennai

  Author

• Nishanth Arul Domnic

  Assistant Professor, Department of Commerce, Loyola College, Chennai

  Author

This research works on the financial performance of five major IT companies in India- TCS, Wipro, HCL Technologies, Infosys, and Tech Mahindra by studying the net profit ratio, return on investment (ROI), current ratio, quick ratio, debt-equity ratio, proprietary ratio, accounts receivables turnover, working capital turnover, earnings per share (EPS), and price-to-earnings (P/E) ratio. Based on secondary data of annual reports and stock markets, The study based on secondary research had found that while the IT industry had the first financial shocks relating to the COVID pandemic, it slipped into an adaptation gear via digital transformation, remote 
work strategies, and cloud solutions for other event situations, permitting nimbleness in the post-pandemic recovery. This provides numerous insights to assist investors, policymakers, and leaders in the sector in understanding the financial viability and outlook for growth for the Indian IT sector. 

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