Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox

2024-10-09 05:09:12 pm | Source: StoxBox

Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox

News By Tags | #TataConsultancyServicesLtd #ExpertViews #QuarterlyResult #SagarShetty #StoxBox

Below the Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox

We expect TCS to report moderate revenue growth in Q2FY25, impacted by muted performance in India with incremental weakness in retail and CPG growth. The revenue growth would likely be based on the BSNL deal and the pickup of US BFSI services. We expect the marginal margin expansion after the wage hikes in Q1 and overall operational efficiency. We also expect margins to improve because of INR depreciation. Going ahead, management commentary on the FY25 demand environment, margin outlook, and near-term deal visibility will be crucial factors to watch out for.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox

Top News

Tag News

More News