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TCS Q2FY12: Expect margins to increase by 60 bps says IIFL

Aniruddha Mehta, research analyst, IIFL India Pvt Client expects TCS’ Q2 margins to expand by 60 bps. Rupee depreciation will have a positive impact on their margins but the IT giant is expected to report foreign exchange loss of Rs 175 crore.

first published: Oct 17, 2011 11:31 am

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