Last updated: 08 Jan, 2021 | 03:21 pm
TCS has reported very strong results in Q3FY21, backed by strong deal wins and revenue pick-up across all segments. TCS said that a growing demand for core transformation services and strong revenue conversion from earlier deals has helped the company to handle seasonal headwinds.
While the ongoing pandemic has affected various businesses, it has forced a tectonic shift in businesses processes to move towards greater digitization. This has provided a good opportunity for the IT industry. Given its leadership position in the market, TCS is well-placed to take advantage of this shift
The company is entering the New Year on a strong note. While it has not provided any revenue guidance for the year, the company is confident of taking advantage of strong demand pipeline going forward.