Clients asking for cost optimisation amid economic uncertainty: TCS CEO
De-growth is not being compensated fully because clients are optimising and there is some deferral happening, says TCS CEO K Krithivasan.
De-growth is not being compensated fully because clients are optimising and there is some deferral happening, says TCS CEO K Krithivasan.
The revenue from operations of the IT major stood at ₹59,692 crore in the September quarter this year, up 10% (YoY) as against ₹55,309 crore in the same period last year.
TCS is expected to post constant currency revenue growth of 1% with 20 bps cross currency headwinds translating into 0.8% QoQ dollar revenue growth.