TCS' margins contract 240 basis points YoY in Q1; here's what Rajesh Gopinathan has to say
While commenting on the fall in operating profit margins, Rajesh Gopinathan, chief executive officer and managing director, TCS said, “This is the bottom where we do our annual wage increases and promotions. The total impact of that on our profit and loss is about 150 basis points.”
Amit Jatia Rajesh Gopinathan It Services Tata Consultancy Services Westlife Development Vice Chariman Amit
Source: businesstoday.in