Thursday, 13 April, 2023

First quarter growth for TCS exceeds double digits

<p>Similar to Accenture&#39;s two weeks earlier, TCS&#39;s June quarter numbers and commentary highlight solid demand trends. TCS&#39;s sales increased 15.5% year over year and 3.5% sequentially in constant currency. Revenue increased 10.2% year over year to $6.7B in the third quarter. North America led the way in revenue growth. The retail sector experienced a substantial growth of 25.1% year over year in constant currency, recovering from the pandemic lows.</p>