TCS revenue growth flat in quarter 3, demand yet to pick up
TCS reported a 4.5% year-on-year revenue increase in constant currency terms for the Dec quarter, though performance was flat sequentially due to seasonal factors and reduced discretionary spending. Revenue rose to $7.5 billion in dollar terms. Despite a mixed performance across geographies and sectors, TCS's order book grew to $10.2 billion, bolstering confidence in future growth.
