Adding Over $1b a Year, TCS Keeps Infy at Bay

The Economic Times - - Front Page - Anir­ban.Sen@ times­group.com

Ben­galuru: In­fosys may have trumped Tata Con­sul­tancy Ser­vices in rev­enue growth rate for fis­cal 2015-16, but mar­ket leader TCS still ended up do­ing more new busi­ness dur­ing the year.

TCS gen­er­ated in­cre­men­tal rev­enue of about $1.09 bil­lion in the just-ended fis­cal year, even though the over­all top line grew just 7.1% to $16.54 bil­lion — an or­di­nary year by the com­pany’s stan­dards with it fail­ing to post in­dus­try-lead­ing growth rate for the first time in nearly a decade.

In com­par­i­son, In­fosys raked in ac­tual busi­ness of $790 mil­lion dur­ing a year that was widely seen as a comeback one for the com­pany un­der the stew­ard­ship of Chief Ex­ec­u­tive Vishal Sikka.

In­cre­men­tal rev­enue, or ad­di­tional rev­enue gen­er­ated, has be­come one of the most im­por­tant bench­marks to track in In­dia’s $160 bil­lion IT in­dus­try.

In­cre­men­tal rev­enue growth of TCS vs In­fosys over the past 4 years

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