TCS likely to retain momentum in H2, show sustainable growth - News Summed Up

TCS likely to retain momentum in H2, show sustainable growth


For the first six months of the current fiscal, the company delivered a double- digit topline growth in dollar terms for the first time in four years. With this, the company has reported $10,266 million of revenue in the first half of FY19, reflecting a 10 per cent year-on-year growth. But, TCS is likely to retain the momentum considering the thrust on the fast growing digital platform and a spate of large client additions. Its digital revenue grew 60 per cent yearon-year in the September quarter — the sharpest in recent quarters. This catapulted its share in the total revenue to 28.1 per cent from 19.7 per cent in the year-ago quarter.


Source: Economic Times October 12, 2018 05:03 UTC



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