TCS eyes double-digit growth in FY20, says COO Subramaniam

NEW DELHI: Tata Consultancy Services Ltd (TCS), India’s largest information technology (IT) services firm, is on track for double-digit growth in the current fiscal year, the second consecutive year of strong growth, without sacrificing its industry-leading profitability, TCS chief operating officer, N. Ganapathy Subramaniam said.

At the heart of TCS’ confidence is the higher growth rate with which it started the current financial year and healthy deal wins.

TCS started the current fiscal year with a 3.6% growth rate in constant currency terms, as against 2.8% in April last year. This is the highest at which TCS has started a financial year in five years since growing 15% in 2014-15.