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79	79	On an unconsolidated basis, the revenue for FY 2020 was Rs 131,306 crore, higher by 6.6 percent over the previous year’s revenue of Rs 123,170 crore in FY 2019. The PAT attributable to shareholders for FY 2020 was Rs 33,260 crore registering a growth of 10.6 percent over the PAT of Rs 30,065 crore for FY 2019.
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86	86	Outlook
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88	88	Global economic growth is projected to contract sharply from 3.3% in 2019 to -3%22 in 2020, much worse than during the 2008-09 financial crisis. Rolling lockdowns and social distancing restrictions on account of the pandemic are expected to significantly impact economic activity in all major markets, and cause demand compression. In the immediate aftermath, enterprises are expected to downscale current investments, defer planned initiatives, cut costs and conserve cash. While this could inject volatility into TCS’ revenue growth, the company expects to gain market share from ensuing vendor consolidations.