TCS Q1 net may fall 3.3% at Rs 3478.5 cr: Nirmal Bang

Nirmal Bang expects Tata Consultancy Services to report a 3.3 percent degrowth quarter-on-quarter (growth of 6 percent year-on-year) in net profit at Rs 3478.5 crore.

July 18, 2013 / 13:09 IST

26 Aug, 2025 12:21

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Nirmal Bang has come out with its first quarter (April-June) earnings estimates for technology sector. The brokerage house expects Tata Consultancy Services (TCS) to report a 3.3 percent degrowth quarter-on-quarter (growth of 6 percent year-on-year) in reported profit after tax at Rs 3478.5 crore.

Revenues are expected to increase by 6.9 percent Q-o-Q (up 18.1 percent Y-o-Y) to Rs 17558.4 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.2 percent Q-o-Q (up 11 percent Y-o-Y) to Rs 4810.2 crore.

first published: Jul 18, 2013 01:09 pm

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