New Delhi, Nov. 3 -- Tata Consultancy Services Ltd's management has admitted that the profitability of its $6.5-billion pivot towards data centres will be lower than that of its mainstay information technology (IT) services business.

"Yes, it (data centre business) won't get the same RoEs (return on equity) as you would expect from the TCS business, but we are confident we'll be able to maintain industry-leading return ratios," said chief financial officer Samir Seksaria in a fireside chat between the company's management and Kotak Institutional Equities.

RoE, a measure of profitability, shows how effectively a company uses shareholder investments to generate earnings.

On 9 October, the country's largest IT services company announced p...