Business News›Markets›Stocks›Earnings›Revenue and margin revision by Infosys signal better growth than peers
Revenue and margin revision by Infosys signal better growth than peers
Synopsis
In each of the two quarters to September 2020, Infosys reported higher year-on-year incremental revenue than TCS and Wipro.
ET Intelligence Group: Infosys was the third IT exporter to demonstrate a solid demand recovery in the second quarter similar to its peers Tata Consultancy Services (TCS) and Wipro. However, unlike them, it was able to report 3.2% year-on-year growth in revenue at $ 3,312 million reflecting a stronger momentum. The other two recorded a decline in the respective toplines from the year-ago levels. In addition, Infosys revised the revenue and
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