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TCS continues to do better than its Indian competitiors
Monday, 23rd May 2011
The company has garnered the largest share of the incremental revenue among its peers during the period. TCS is expected to sustain its momentum in the current fiscal given its strong grip on the fast-growing verticals such as banking and finance and its wide reach across geographies.
TCS was among the few top-tier IT players that reported a faster recovery after the global financial crisis in late 2008. Its four-year compounded annual growth rate (CAGR) is in line with its peers, In ew at a two-year CAGR of 10.2% compared with 8% for Infosys and 6.5% for Wipro . Operating profit growth for TCS during this period was 16%, much faster than 8% for Infosys and 10% for Wipro.
Publication : Economic Times
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