TCS Q1 revenue up, but analysts remain cautious - News Summed Up

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TCS Q1 revenue up, but analysts remain cautious


In rupee terms, the company’s revenue jumped 3% to Rs.29,305 crore, while profit declined 0.4% to Rs.6,317 crore. Together, the two geographies account for 26.3% of the company’s revenue. TCS reported a 2.5 % improvement in the US, which accounts for 53.5% of company’s total revenue. “We do not believe there is something really exciting in the revenue growth. The US, which brings more than half of revenue, reported a 2.5% growth.


Source: Mint July 14, 2016 11:11 UTC



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