Infosys, TCS: Here's how leading brokerages interpret Q4FY19 results

On Monday, though Infosys lost over 3 per cent on the NSE to Rs 722 levels, TCS moved nearly 3.3 per cent higher to Rs 2,081 levels in intra-day deals

Infosys and TCS reacted to their respective March 2018 quarter results announced post market hours on Friday. While Infosys met Street estimates on the revenue and net profit front, EBIT margin came below market expectations. Net profit surged 10.5 per cent to Rs 4,078 crore year-on-year (y-o-y) basis; TCS on the other hand, crossed the $20-billion revenue mark for the first time ever. Growth in net profit as well as revenue beat Street expectations, though margin contracted a bit in the fourth quarter.

On Monday, though Infosys lost over 3 per cent on the NSE to