Page 37 - Tcs News Today

TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls believe that this could be the last dull quarter before revenue growth picks up in Q4. Analysts anticipate TCS to deliver 1.5% QoQ cc revenue growth driven by large deal ramp-ups, with margin expansion driven by operational efficiencies. On the other hand, Infosys is expected to see a decline in USD revenue due to seasonal furloughs and the impact of a slowdown in discretionary tech spending.

TCS said that it has commenced campus hiring process for next year to on board freshers.

TCS Q3 results: TCS's third interim dividend and the special dividend shall be paid to the equity shareholders on February 5

IT major Tata Consultancy Services reported a net fall of 5,680 employees in headcount in the third quarter (Q3) of FY24 taking the overall headcount to 603,305 as on December 31, 2023.

The remaining 30 percent staff will be paid out based on the business-related performance

TCS headcount reduced by 5,680 sequentially, while Infosys headcount dipped by 6,101.

Indian IT companies Infosys and TCS reported muted revenue growth in Q3 FY24, indicating that clients continue to spend cautiously on technology.

TCS reports 8.2 pc growth in Q3 net profit at ₹11,735 cr.

India Business News: Tata Consultancy Services (TCS) announced its Q3 financial results, reporting a 2% YoY growth in net profit to Rs 11,058 crore. However, the profit fe

Revenue for the latest quarter was at Rs 60,583 crore against Rs 58,229 crore a year ago. Net margin was at 19.4 per cent.