Tuesday, October 15, 2013

Perspective on TCS results: Dipen Shah, Head of Private Client Group Research, Kotak Securities

“TCS results beat expectations on revenues as well as margins. The 7.3% volume growth was significantly above expectations and also much above the growth reported by Infosys.

The consistent high volume growth reported by TCS for the past several quarters reflects effective demand generation initiatives and efficient execution. The company has been able to effectively identify opportunities in a volatile macro environment and has been able to provide an integrated services approach to clients.”