Have crossed 13.5% constant currency growth in CY15: TCS CEO

TCS has crossed 13.5 percent growth in CY15 in constant currency terms, says CEO N Chandrasekaran. He spoke to CNBC-TV18's Kritika Saxena from the sidelines of the NASSCOM Summit.

Excerpts from the conversation on CNBC-TV18.

Q: Can you tell us about the major headwinds for the sector and particularly for TCS in 2016? A: I am overall positive but if you look at the three headwinds I talked about last year, we think we have overcome the situation in Latin America. It has done well in the last quarter. I think it will continue to do well. We are hoping that Japan will pick up and Diligenta probably has one more quarter to go. Q: What about the India business? A: India business has been volatile and we are doing everything we can to stabilise that business. Q: 10.3 is the NASSCOM guidance. I know you don’t give guidance but you always manage to beat NASSCOM guidance by a significant margin, this year as well you have already beaten for the calendar year 2015, so from FY17 perspective, confident of beating 10.3 percent?

A: The only thing I can say is that for calendar year 2015, our CC growth has been over USD 2 billion and our constant currency growth is around USD 1.85 billion. That translates to about 13.5 percent growth on a CC basis. So I think that is a pretty good number from CC perspective.