TCS sees big wins, sure of FY19 growth in double digits

Now, we have the numbers on the board and the momentum to say that doubledigit growth will continue to the end of the year,” Gopinathan said at a post-earning press conference. 9 billion worth of deals in the first quarter and a similar amount of deals in the second quarter. Analysts said the deal wins were expected and that more large deal wins would be needed to drive double-digit growth in FY20. “A lot of the large deal win-related growth is in right now. (TCS) will have to win large deals by the first quarter of calendar 2019 to power double-digit growth in the next fiscal,” Girish Pai, analyst with Nirmal Bang, told ET.

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