tcs q1 results

TCS Q1 outcomes: 5 the explanation why it isn’t an all-clear sign for TCS buyers

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TCS reported a largely inline quarter with income and EPS marginally above consensus (about 0.8 per cent), whereas EBITDA was 1.5 per cent above. Most verticals and geographies noticed sequential development too. Given this, one may ask the query ‘Have the enterprise fundamentals within the IT sector bottomed out?’ If that’s the case, given TCS’ … Read more

TCS Q1FY25 Outcomes Preview: Anticipated to attain single-digit progress in revenue, income on enterprise restoration; wage hikes could pressurise margins

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Tata Consultancy Providers (TCS) is projected to attain single-digit progress in income and revenue in the course of the April-June quarter of fiscal 12 months 2024-25 (Q1FY25) in comparison with the identical interval final 12 months. This progress is attributed to a restoration within the movement of enterprise and purchasers’ willingness to renew discretionary spending. … Read more