Q2 earnings reflect various approaches to push revenue growth of TCS, Infy

Different approaches to drive revenue growth have led to divergence in the second quarter earnings of India’s top two information technology (IT) services companies, Tata Consultancy Services (TCS) and Infosys. 

Though the leadership team of both IT firms flagged concerns about macroeconomic factors, apart from the demand slowdown seen in key business verticals such as financial services and retail, their confidence levels towards future growth seemed to have varied.

Industry experts were of the opinion that TCS’ focus on large IT outsourcing contracts might be one of the reasons behind the uneven distribution of quarterly revenues. In case of Infosys, its recent