Enough headroom for growth, slowdown not broad based: TCS' V Ramakrishnan

"There are no large deals which have gone by the wayside and we have gained market share," says TCS CFO V Ramakrishnan

The third quarter of FY20 was one of the weakest quarters for Tata Consultancy Services (TCS). During this period, the company’s sequential revenue growth was not just the lowest among peers but also the slowest in the last eight quarters. However, the company is confident of bouncing back and feels that the current slowdown is not broad-based. Chief financial officer (CFO) V Ramakrishnan tells Debasis Mohapatra that there is no base effect at play and the Tata Group company is gaining market share from competitors. Edited excerpts:

From double-digit growth, TCS revenue growth has suddenly fallen in the last two quarters.