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TCS share price gained about 2 per cent in Q4FY24, significantly outperforming its sectoral index Nifty IT which declined about 2 per cent during the quarter. ....
TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters. ....
TCS anticipates sequential revenue growth in Q4 earnings amidst deal wins and focus on FY25 outlook. BFSI recovery, Europe market, and mega deals play crucial roles in driving growth. ....
During December 2022 quarter, TCS garnered a net profit of ₹10,846 crore attributable to shareholders on a consolidated basis up by 11.02% YoY and 3.98% QoQ. Meanwhile, TCS consolidated revenue from operations came in at ₹58,229 crore increasing by 19.11% YoY and 5.28% QoQ. ....
A poll by CNBC TV18 shows that overall growth for Q4 is expected to be less than in Q3 as uncertainty continues to prevail amidst a tough business environment. QoQ revenue growth estimates have varied from 0.1 percent to 1.7 percent. ....