But when pegged against each other, which of the two have done better in the first quarter of financial year 2017-18?
Dollar Revenue Growth
Infosys scores against its larger peer with a 3.2 percent U.S. dollar revenue growth, compared to 3.1 percent by TCS.
Score: TCS 0, Infosys 1
For the first time in five quarters, Infosys managed to beat TCS on the operating margin front—that too by a whole 100 basis points.
Score TCS 0, Infosys 2
Performance In Key Verticals
While Infosys showed better growth in banking and financial services and insurance vertical, TCS did better in manufacturing and retail segments. It’s a draw.
Score: TCS 0, Infosys 2
Infosys employee attrition rate remained higher than that of TCS but it reduced by 390 basis points quarter-on-quarter to 21 percent. The Tata group company’s employee attrition rate increased 110 basis points to 11.6 percent. Finally, a win for TCS.
Score: TCS 1, Infosys 2
Infosys’ shares remain cheaper, trading at a one-year forward price to earnings (PE) ratio of 15.3 times against TCS that trades at 17.4 times, according to the Bloomberg consensus. Infosys scores.
Score TCS 1, Infosys 3