For the sixth successive quarter, TCS?s USD revenue missed expectations (QoQ decline of 0.3%, vs est 0.5%). In CC terms, it was 0.5% (est 1.1%). YoY USD growth eased for the 5th successive quarter. TCS?s 3QFY16 revenue decline appears disappointing even adjusting for the expected impact of the Chennai floods. Traction was seen in verticals comprising just ~20% of revenue.