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TCS posts weakest September quarter growth in three years

Original: India's TCS posts weakest September quarter growth in three years

India's Tata Consultancy Services, the country's largest IT services firm, reported its slowest revenue growth for a September quarter in three years, according to Reuters. The result puts a spotlight on softer demand for Indian outsourcing services, and market watchers are likely to scrutinise what it signals for the wider sector and upcoming peer earnings.

Why now: TCS is a bellwether for India's IT sector, so weak quarterly growth raises concerns about global tech spending and drags attention across the market.

Tata Consultancy ServicesTata GroupIndia

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Evidence

• India's TCS posts weakest September quarter growth in three years · Reuters

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