He expected the third quarter to be better as the lost momentum in Q2 will gather speed in Q3 as retail will bounce back. They have added 22,665 employees chainsaws manufacturers bringing the total to 371,519..” Additionally, volatility in markets like India and Latin America also muted revenue growth, he said. Digital India he said offered “huge business,” and 1,80,000 TCS staffers are now trained with significant expertise in new digital technologies. elections will take place in Q3 so he could not make any definite comment at this moment. elections, Mr Chandrasekaran said Britain was continuing with its programmes and they are not anticipating anything “negative.India’s IT bellwether Tata Consultancy Services (TCS) beat market expectations by announcing a net profit of Rs 6,586 crore in the three months ending September 30, up 4.”
It has been a good quarter from a profitability perspective where despite multiple headwinds our disciplined approach and focus on operations has helped us deliver a strong margin performance,” he added.”The U.3 per cent boosted by increase in operating margins. Asked about the impact of Brexit and the U. He said “Growing uncertainties in the environment is creating caution among customers and resulted in hold backs in the discretionary spending to the tune of Rs 180 crore this quarter. Chandrasekaran described it as “an unusual quarter for TCS.S. Operational income at Rs 7,617 crore grew 3. CEO and MD N. The company is engaged with supply chains and is setting up the largest real time analytics solutions in banking, retail and cross sectors.
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