TCS Q4 Revenue Growth Marginally Beats Expectations

2016-04-19 5

Tata Consultancy Services - India's largest IT services company, said its fourth-quarter revenue rose 1.5%, marginally beating analyst expectations for the first time in seven quarters. For the full-year, TCS reported revenue of $16.5 billion, up by 11.9% in constant currency terms. Nasscom had estimated that the industry grew 12.3% in constant currency in FY16. ET NOW gets you more details.