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TCS CEO Rajesh Gopinathan confident of double-digit growth in FY19
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TCS CEO Rajesh Gopinathan confident of double-digit growth in FY19
Oct 12, 2018 1:49 AM

After country's largest software exporter, Tata Consultancy Services (TCS), reported a 22.6 percent jump in consolidated net profit at Rs 7,901 crore in the July-September 2018 quarter, Rajesh Gopinathan, chief executive officer and managing director, said he is confident of maintaining double-digit growth in FY19.

TCS had posted a net profit of Rs 6,446 crore in the same period last fiscal. The Tata group company saw a revenue growth of 20.7 per cent at Rs 36,854 crore in the September quarter, up from Rs 30,541 crore a year ago. Its earning per share for the quarter was at Rs 20.66.

Gopinathan said TCS should be in a good position and will be entering FY20 in a much better way than last couple of years.

"If you look at multiple markets perspective from geographical market perspective, structurally they are setup well,” he added.

Ajoyendra Mukherjee, executive vice president and head-global human resources, said, "It’s our ability to stitch together the overall solution consisting of cloud, automation, digital interactive, the experience etc. is going to be the key differentiator and that is what we have been doing."

On attrition front, Mukherjee said, “I would love to have attrition lower so that I can retain people. Once people come in, we get giving enough opportunity for them to grow and that has been our stated philosophy. We try to hire more people so that they can make a long-term career in TCS.”

First Published:Oct 12, 2018 10:49 AM IST

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