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April 12, 2024
Q4 results today: Motilal Oswal Financial Services said that TCS may report a 2.2% quarter-on-quarter (QoQ) growth in constant currency (CC) terms.
April 12, 2024
TCS Q4 Results LIVE: The IT services major announces its Q4 FY24 financial results today (April 12). 
July 14, 2023
TCS recently found itself in the midst of controversy after senior HR operatives were found running a bribe-for-jobs scam.
July 13, 2023
TCS has rolled out a salary hike for its employees, despite the impact on operating margin.
April 12, 2021
TCS Q4 result preview: What to expect? Analysts are expecting TCS to clock 2.8-4 per cent growth on sequential basis in sales, while somewhere between 5 and 10 per cent growth in profit on a QoQ basis in Q4. BusinessToday.In | April 12, 2021 | Updated 12:29 IST IT sector as a whole is likely to surprise again with strong growth numbers Indias biggest tech company Tata Consultancies Services (TCS) Limited will announce its quarterly financial results for the January to March period today. Analy...
April 12, 2021
Story TCS FY21 net profit rises 0.27% to Rs 32,430 cr; revenue rises to Rs 1.64 lakh cr TCS registered revenue from operations at Rs 164,177 crore during FY21, up 4.6 per cent from Rs 156,949 crore in FY20; the company also declared a dividend of Rs 15 per equity share BusinessToday.In | April 12, 2021 | Updated 19:56 IST Tata Consultancy Services (TCS) posted a 0.27 per cent increase on annual basis in consolidated net profit for the financial year ended March 31, 2021 at Rs 32,430 crore. The...
January 11, 2021
Margins were the standout feature of TCS results. It was 26% plus despite a wage hike. It was definitely very heartening to see that. But it has come about because of a number of things; one, growth has been across all the verticals. When there is growth there is also a margin pickup. We had explained it on multiple occasions in the past as well. Second, of course, currency did not have a big impact either way. Third, there is also the benefit of a fungible talent pool which means we are able ...
January 11, 2021
Explore Now Our plan was to achieve rupee level revenue parity on a year-on-year basis by Q3 and constant currency by Q4. We have delivered constant currency revenue parity as well as margin parity by Q3, says TCS. The numbers have been strong, the management commentary has been quite charged. How long will the momentum sustain? In many ways, it is important to go back and see this in perspective. We had spoken to you at length through the course of this pandemic and as you will remember right...
January 11, 2021
The order book for TCS is at an all-time high, almost turning $7 billion. How does one understand the order book momentum in terms of growth? Will it be double digit or is what we have seen in the last couple of quarters more like a sugar rush due to Covid? In the last few quarters, we have been delivering a total contract of about $6 billion consistently. I will attribute this to proactive investments, innovative and market leading offerings. It is also an endorsement or an indication of the r...
January 8, 2021
IT major Tata Consultancy Services on Friday posted a 7.18 per cent year-on-year (YoY) rise in its December quarter (Q3FY21) profit at Rs 8,701 crore. The firm had posted a profit of Rs 8,118 crore in the same quarter last year (Q3FY20). On quarter-on-quarter (QoQ) basis, the profit grew 16.4 per cent from Rs 7,475 crore posted for the quarter ended September 2020 (Q2FY21). The number beat Street estimate which was factoring-in a 3-8 per cent year-on-year (YoY) growth in Q3 net profit. ICIC...