TCS Top Brass Decode Q1 | TCS Management To ET NOW
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Saw peak impact of COVID-19 crisis in Q1. Believe that we will see positive revenue QoQ growth from Q2 onwards. Expect to match Q3FY20 in Q3FY21. Not predicting the future, but sharing perspective based on client interactions. Conversations with clients give us confidence about growth bounce back. Co switched to selective lateral hiring. Lifesciences & healthcare verticals did well in Q1; see a lot of opportunities. Deal closure in Q1 has been 'pretty robust'. Customer confidence is coming back; the deal pipeline looks promising. Europe has been able to contain COVID-19; see opportunities in the region since Europe seems to be better placed to contain COVID-19 vs UK, US. Margin aspiration very much intact; timing to depend on recovery but with growth coming back, the margin should improve, says TCS Management. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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