Kumari Palany & Co

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March quarterly reports on Infosys and TCS

Posted on: 12/Apr/2019 10:29:10 AM
Results of the March quarter reports say TCS and Infosys are the top 2 Indian software exporters. Though IT companies generally get the March quarter so weak, according to reports, there is substantial growth in revenue with positive set of numbers. Experts say revenue acceleration observed is very significant.

There is 24% increase in Nifty IT index in the past 1 year. In January, Infosys has seen an overall revenue growth of 8.5 to 9 percent while the same was previously 6 to 8 percent. There was double digit revenue growth back in December quarter of TCS.