Infosys catches up with TCS in operating margin


Infosys is now neck-and-neck with Tata Consultancy Services (TCS) in terms of operating margins, a year-anda-half after the Bengaluru-based company lost the most profitable IT firm title to its Mumbai-headquartered rival.

Infosys was known for having the fattest margins in the IT industry in the last decade, but over the past two years, it shrank dramatically. In the second-quarter of fiscal 2013, TCS overtook Infosys to become the most profitable IT company in the country. A year later, TCS posted an operating margin of 30.2%, miles ahead of Infosys’ 21.9%.

But after the return of Narayana Murthy to the helm of the company and the appointment of Vishal Sikka as the first non-founder chief executive, Infosys has been clawing back the margin it had lost.

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