Infosys Ltd has been beating Tata Consultancy Services Ltd on growth metrics for a while now. Post-Covid, the extent of outperformance has only increased.
In the past three quarters, Infosys’s dollar revenues have risen 2.1%, while TCS revenues have fallen 2.9%. What’s more, thanks to a sharp rise in the former’s profit margins lately, its operating profits have jumped 18.1% post-covid, while in TCS’s case, profits have risen only 1.7%.“Covid has acted as a catalyst for acceleration in IT spends..