A Comparative Study on Financial Performance of it Companies

India has emerged as the fastest growing IT hub in the world, its growth dominated by IT software and services. The present study focuses on the financial performance of IT companies. For this study there are 10 top software companies in India were selected. The Secondary data is used for the mode of the collection of data from capital line financial data base. The period ranging from 1997–98 to 2006–07 has chosen for the study. Selected ratios have chosen for the study as the reason considered an important tool for analyzing the profitable performance of the IT company. The present analysis uses the technique of mean score and One-way ANOVA to examine and compare 21 most critical profitability ratios of the selected companies. The appropriateness of the profit is studied by using correlation. The need to identify the key profitability ratio of the selected IT firms provides a scientific and middle empirically tested framework to measure it. The result of the study is, the Mean Ratio of the profitability of two companies have registered a high ratio in the period and then declines. When growth in percentage of operating income for both the companies compared, operating income of Infosys Technologies is gone higher than Wipro. Hence Wipro Technologies should give emphasis on their operating income by minimizing their operating expenses. As per the growth in percentage of total Assets, Infosys performed well, on the total assets than the Wipro. Hence Wipro should increase the level of total assets by investing various types of Assets. Infosys continues to command higher rates because of its better marketing”. Finally the overall findings from the data show that Infosys is more focused on cost than Wipro. Infosys are more regimented than Wipro, and programmed better to implement projects on time.