Well, it depends on companies. Very few MNC look into your backlogs while screening your resume. At least In my experience at IITs companies doesn't care about your backlogs. They just make a cutoff mark for cpi and later they take tests and interviews.
As you have mentioned that you have 2 years experience so It totally depends upon your skills. They have nothing to do whether you cleared any subject in the first attempt or not. They just bother about your skills, But some companies may reject you at the time of resume screening or some may at later stages without disclosing their policy. Trust me this number is very small so just work upon your skills.
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