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 IT/ Software Industry  All the four companies in this sector have

relatively high Operating Profit Margin. We see HCL has been on


a declining trend of 39.2%, 37.2%, 32.9% in 2018, 2019 & 2020
respectively. Similarly, Infosys has also been on a declining trend
of 30.2%, 26.3%, 24.9% in 2018, 2019 & 2020 respectively. In
TCS we see it has an Operating Profit ratio of 30.4%, 31.6%,
30.8% in 2018, 2019 & 2020 respectively. In Wipro we see an
Operating Profit ratio of 20.5%, 20.8%, 21.0% in 2018, 2019 &
2020 respectively. So, we infer HCL has highest in this industry
which may indicate how efficiently it is able to generate profit
through its core operations followed by TCS then Infosys & then
Wipro in this industry.

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