Information Technology firm Infosys and Wipro on Wednesday reported their quarterly results. Both the IT firm announced strong revenue growth and a jump in profits, beating street estimates. Infosys said its revenue grew 5.5% sequentially to Rs 25,927 crore and net profits increased to Rs 5,197 crore, up 7.3% quarter-on-quarter. On the other hand, Wipro revenues during the October-December period stood at Rs 15,670 crore while net profit was at Rs 2,970 crore. Both the firms are even more optimistic about the future with strong deal pipelines.