TCS is all happy and gay by its strong results of the September quarter; in all its segments the firm could achieve double digit growth.

The management of TCS comprising of the CEO and MD- N Chandrasekharan, CFO and ED- S Mahalingam, Head Global Human Resources,-Ajoy Mukherjee, Head -Global Corporate Affairs and ED- Phiroz Vandreval gave an interview to Mr. Udayan Mukherjee the managing editor of CNBC-TV18 where they clearly stated their perspective on the result of the quarter that ended in September.

They also stated about the challenges that they would be facing in times to come.

Very enthusiastically the management declared that the budget for the IT section of the firm will be more in the coming fiscal as the firm has achieved excellent volume growth in the last fiscal which is very much sustainable.

They all hope that the pricing will be higher in the fiscal 2012. All the members agreed that the firm's European business has lagged.

The company recorded an excellent volume growth in the tune of eleven decimal two percent. In all its verticals TCS witnessed double digit growth.

The segments like telecom, manufacturing and hi-Tech that did not fare well in the last couple of quarters have produced excellent result in the September quarter recording double digit growth. This is a very positive indication of a good future for the company.

Utilisation segment has recorded an all time high. TCS feels that its clients will be increasing their information technology budgets in the future. TCS even feels pricing might go higher in times to come.

Attrition is one phenomenon which the firm is most worried about as there is one percent attrition on a quarter on quarter basis and a total of fourteen percent. This will remain in a couple of upcoming quarters which is felt by TCS.