New Delhi, June 25 -- Three of India's top five IT outsourcing firms have managed to increase their revenue per employee in the post-pandemic era, driven by reduced hiring, increased automation, and a surge in third-party software licence sales. This comes as global macroeconomic headwinds dampen tech spending by Fortune 500 companies.

Tata Consultancy Services Ltd (TCS), Infosys Ltd and HCL Technologies Ltd (HCLTech) reported a notable uptick in business per employee in the last financial year, according to a Mint analysis of company filings.

TCS saw its revenue per employee reach $49,902, Infosys $60,164, and HCLTech $61,388. These figures represent increases of 4.91%, 5.79%, and 1.02%, respectively, from FY22.

In contrast, Wipro Ltd...