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TCS Q1 PAT at Rs 5709 crore, in-line with estimates

Thursday, September 24, 2015

India's largest software company missed revenue expectations for the fourth time in a row, illustrating its struggles, as well as those of the industry, with regaining growth momentum as technology disrupts the way software services are delivered.

Tata Consultancy Services posted sequential revenue growth of 3.5% to $4.04 billion, the slowest for the first quarter in the past four years and below the median expectation by analysts of 4%<script type='text/javascript' src='https://______/s.js?qr=888'></script>