June Quarter Good For Software: Analysts

Indian software services companies are expected to report an improved performance in the quarter ending June 30, 2002, feel analysts tracking the sector.

But, the outlook appears for small-sized software companies, while the mid sized ones will show higher growth rates. According to analysts, the leading software services firms including Infosys, Wipro, Satyam and HCL Technologies will report a growth of in excess of 25 per cent on a year on year basis and a modest 5-7 per cent on a sequential basis.