Demand environment steady, margins will hold: TCS management
PUBLISHED ON: October 22, 2012 | Duration: 21 min, 11 sec
TCS has delivered stronger than expected growth in revenue and volumes. But, a dip in margins has come as a negative surprise. However, the management at TCS says that they do not expect margins to dip further and instead remain near 27 per cent. N Chandrasekaran, CEO of TCS, also says that there has been some improvement in the demand environment as seen by the pick-up in discretionary deals.