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TCS Q1 PAT up 28.5% YoY; India business down 14.1% due to second wave

The company continued to see robust growth operationally, reporting total contract value of $8.1 billion, deal signing driven by growth across geographies and verticals

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TCS | Tata Consultancy Services

Shivani Shinde  |  Mumbai 



Tata consultancy services, TCS
The India business was impacted as cloud-based iON service bore the burnt of the second wave of Covid. Some of the projects in the public sector including the Passport Seva Kendras too were impacted

(TCS) missed the Street expectation as its India business pulled down revenue growth during the first quarter of FY22. India business for the country’s largest IT services player was down 14 per cent as the second wave of Covid19 impacted business sentiments.

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First Published: Thu, July 08 2021. 19:31 IST

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