Tata Consultancy Services revenue spurt continues

Corporate IT spending seen remaining robust as investors fear Ukraine war fallout

20220411 TCS

Russia's invasion of Ukraine has sent crude oil prices soaring, exacerbating inflation and raising concerns that companies could respond by cutting costs and reducing IT budgets. (Photo by Yuki Kohara) 

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- Revenues at India's largest information technology company, Tata Consultancy Services, crossed half a trillion rupees for the first time in the January-March quarter, driven by increasing sales to financial services, retail and technology clients.

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