Tata Consultancy service (TCS) is the largest IT Company in India as per Revenue. TCS’s main functions are IT service, consulting, and business solution provider. It is partnered with the world’s largest business in its transformation journey for the last fifty years.

Revenue: Rs 152,497 Cr.

Market Cap: Rs 845,337 Cr.

Employees: 420,000

ROE: 35.95%

Sales Growth (3 yrs): 10.47%

Promotes holding: 72.05%

2. Infosys

Infosys is the second-largest IT Company in the list of top 10 IT companies in India 2020. There are more than 228,000 employees in the IT sector. Infosys is from the capital of US$ 250 to become a US $11.8 billion company with a market capitalization of approximately US$ 47.7 billion.

Revenue: Rs 87,371 Cr.

Market Cap: 282,028 Cr.

Employees:  228, 000

ROE: 23.50%

Sales Growth (3 yrs): 9.81%

Promotes holding: 13.15%

3. HCL Technologies

HCL is the third largest IT Company in India. It is one of the leading global IT services companies which focus on providing an integrated portfolio of service underlined by its Model 1-2-3 growth strategy.

Revenue:  Rs 65, 643 Cr.

Market Cap:  Rs 153, 370 Cr.

ROE:  25.76%

Sales Growth (3 yrs):  24.74%

Promotes holding: 60.00%

4. Wipro Limited

Wipro is also one of the largest IT Companies in India. It is a business process service company which is a leading information technology consulting. The Company is the power of cognitive computing, hyper-automation, robotics, and cloud, analytic, and emerging technologies.

Revenue: Rs 60,137 Cr.

Market Cap: Rs 153,043 Cr.

Employees:  160,000

ROE: 17.26%

Sales Growth (3 yrs): 4.82%

Promotes holding: 74.04%

5. Redington India Ltd

It is also one of the best IT Companies in India which is listed in the top 10 IT Companies. It was established in 1993. Nowadays, Redington India Ltd makes new technologies like Artificial Intelligence (AI), Big Data and Analytics, and 5G communication.

Revenue: Rs 47,996 Cr.

Market Cap:  Rs 4,438 Cr.

ROE: 15.00%

Sales Growth (3 yrs): 9.50%

Promotes holding: 0.00%

6. Tech Mahindra Ltd

Tech Mahindra Ltd is the largest IT Companies in India. It has 9 billion company with 125,700+ professionals across 90 countries which are helping global Customers including Fortune 500 companies.

Revenue: Rs 35,119 Cr.

Market Cap: 70,141 Cr.

Employees:  125,700

ROE: 21.58%

Sales Growth (3 yrs): 9.45%

Promotes holding: 35.88%

7. Larsen & Toubro Infotech Ltd

It was founded 20 years ago as information technology. Also, it is one of the leading IT Companies in India. LTI is located across the 30 countries in the world.

Revenue: Rs 10,014 Cr.

Market Cap: Rs 29,302 Cr.

ROE: 34.63%

Sales Growth (3 yrs): 17.37%

Promotes holding: 74.62%

8. Mphasis Ltd

Mphasis provides marquee customers all over including six top global banks. It is one of the largest software companies in India that is more than 22,000 employees across sixteen countries.

Revenue: Rs 7,973 Cr.

Market Cap: Rs 17,738 Cr.

Employees:  22, 000

ROE: 19.96%

Sales Growth (3 yrs): 8.33%

Promotes holding: 52.22%

9. Mindtree Ltd

Mindtree is one of the global technology consulting and service company that is helping enterprises marry scale with agility to achieve competitive advantage.  It is one of the largest IT Companies among the list of top 10 IT Companies.

Revenue: Rs 7,375 Cr.

Market Cap: Rs 11,855 Cr.

Employees:  210 000

ROE: 24.94%

Sales Growth (3 yrs): 14.54%

Promotes holding: 73.76%

10. Hexaware Technologies Ltd

Hexaware is a business solution provider Company. It is the largest IT Company in India. There are more than 18,294 employees across the 33 global offices.

Revenue: Rs 5,306 Cr.

Market Cap: Rs 10,165 Cr.

Employees:   18,294

ROE: 26.53%

Sales Growth (3 yrs): 14.17%

Promotes holding: 62.45%

Bengaluru based IT services company Wipro has said it will give wage hikes to junior employees with effect from September 1, 2021. “Wipro limited will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (Assistant Manager and below), effective September 1, 2021. In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company’s workforce – this is the second hike in this calendar year,” Wipro said in a statement.

“As announced earlier, all eligible employees above band C1 (Managers and above) will receive pay hikes effective June 1,” it added.

“On average, the increments will be in the high single digits for offshore employees while it will be in the mid-single digits for onsite employees. The company will reward top performers with substantially higher increases,” it said.

Wipro usually offers salary hikes in June. Additionally, it had also rolled out promotions for high performers in bands up to B3, effective December 1, 2020. Many IT firms, including Wipro, had deferred annual increments and promotions at the beginning of FY’21 due to the pandemic-induced slowdown. These increments were given in the later months.

The demand for talent will outpace supply and become a “key dependency” for growth as enterprises globally accelerate digital adoption with virtual, Wipro Chairman Rishad Premji has said. The Bengaluru-based company has effected “bold changes” in the last six months to help serve customers better and is well-positioned to leverage as well as enable digital transformations for its clients, Premji said in the company’s annual report for FY21.

Wipro employees are categorised into five bands (A to E), with sub-rankings within each band based on their work experience. Employees up to the B3 band (juniors) account for the biggest share of Wipro’s over 1.97 lakh staff.