IT Giant TCS Beats Estimates After Covid Drives Digital Boom Bloomberg 1/8/2021 Saritha Rai (Bloomberg) -- Tata Consultancy Services Ltd. beat expectations and forecast a return to double-digit growth in FY22 after record deal wins underscored a global shift toward digitization during the pandemic. Popular Searches Asia’s largest software outsourcing provider reported profit rose 7% to 87 billion rupees ($1.2 billion) in the quarter ended December, compared with the average estimate of 85.9 billion rupees. Sales climbed to 420.2 billion rupees from 398.5 billion rupees in the same period a year earlier. “The pandemic has provided the right fillip for large-scale adoption of digital technologies,” Chief Executive Officer Rajesh Gopinathan said during a post-earnings video conference. “We are confident of being back on double-digit growth trajectory in FY22.” The comment on the outlook is a departure for TCS which doesn’t provide forecasts.