This is the biggest drop in quarterly profit in two years.On a year-on-year (YoY) basis, PAT slipped 5.82 per cent for the quarter in rupee terms. Analysts in the ETNow poll had forecasted Rs 29,571 crore revenue for the quarter. Among growth markets, Latin America led the pack with 2.8 per cent QoQ growth, followed by Asia Pacific and Middle East Africa.TCS’ attrition rate fell to 11.60 per cent in Q1. Total gross additions as reported by the company for the quarter ended June 30, stood at 11,202 employees. The percentage of women in TCS rose to an all-time high of 34.8 per cent.

Source: Economic Times July 13, 2017 12:06 UTC