Infosys’s profit rose 12% in the March quarter from Rs 5,076 crore in the year-ago period. Infosys’ revenue rose to Rs 32,276 crore in the March quarter. This is an increase of 22.7%.
TCS is the largest IT company in India and Infosys is the second largest IT company. As a result, TCS’s profit rose 7% in the March quarter. But Infosys’ profit rose 12%.
However, TCS outperforms Infosys in terms of profit margins. Infosys posted a net profit of Rs 5,686 crore for the March quarter. But TCS’s profit is Rs 9246 crore. It only confirms that the March quarter was profitable for both companies.