Tcs Earnings

TCS Q4 Earnings: 5 themes to watch out for

Commentary on Trump’s tariffs, offshoring employees, fewer mega deals, generative AI pipeline and hiring plans will be in focus

Live: TCS Reports Q3 Earnings | TCS Q3 Results | Quarterly Performance | Earning Express

TCS kicks off the Q3 earnings season. What's the street verdict? Catch Nandita Khemka in conversation with Omkar Tanksale, Senior Research Analyst-IT, Axis Securities and Nirav R Karkera, Head of Research, Fisdom.

TCS headcount shrinks by 5,370 in Q3, reversing two quarters of growth

With this decline in headcount, TCS now employs 6,07,354 people.

TCS Q3 results: Net profit rises 12% to Rs 12,380 crore, beats estimates; Rs 66 special dividend declared

TCS Q3 results: IT major misses revenue estimates at Rs 63,973 crore; the company also declared a third interim dividend of Rs 10

TCS Q3 preview: BSNL deal completion timeline, client budgets among top 5 themes to watch for

The focus will remain on the management’s generative AI deals commentary, trajectory of the BSNL deal as it has run past its peak revenue contribution phase, margin impact from the rupee depreciation, client budgets and large deals outlook.

TCS Q2 order book declines over 23% YoY to $8.6 billion

The company said that they have now over 600 AI/GenAI engagements deployed successfully in production or in various phases of development.

TCS Q1 FY25 – Why the underperformance should reverse now

Return of demand with improving macro among several positive factors

TCS completes annual increments in Q1

During Q4 earnings conference in April, Lakkad had shared that the company will be rolling out wage hikes in the range of 4-5 percent with double digit hikes for top or exceptional performers starting from April 1.

TCS CEO K Krithivasan: We believe there is a greater opportunity to increase pricing

K Krithivasan, CEO of Tata Consultancy Services (TCS), will be completing a year of steering the country’s largest IT services company through choppy waters, amidst macroeconomic uncertainties and lack of visibility around demand, delayed deal closures. The company has still managed to report its highest quarterly deal pipeline of $13.2 billion, along with an improvement of over 100 bps in operating margins for the fourth quarter sequentially to 26 percent. Net profit too beats Moneycontrol’s estimates, though revenue growth has been moderate in comparison. With all of these factors at play. Krithivasan believes there’s still headroom for improving margins. In an interview with Moneycontrol's Chandra R Srikanth and Debangana Ghosh, he discusses upcoming price hikes, FY25 expectations, generative AI opportunity and more.

TCS Q4 Results: Net Profit Beats Estimates, Revenue Up 3.5%

IT services major Tata Consultancy Services kicked off the earnings season for tech companies with its Q4 FY24 financial results on April 12. TCS reported 9.1 percent rise in consolidated net profit at Rs 12,434 crore on year-on-year basis for the quarter ended 31 March, 2024. The IT services firm had reported a net profit of Rs 11,392 crore in the year-ago period. Catch Nandita Khemka, Moneycontrol with Sreeram Ramdas, Vice President at Green Portfolio, PMS and Mayuresh Joshi, Head of Equity Research, William O’Neil India as they decodes TCS Q4 numbers.

Live: TCS Q3 Earnings | Margin beats estimates at 25%, TVC at $8.1 billion | Earnings Express

TCS Q3 Earnings Preview: 5 things to watch out for

TCS will be announcing its third quarter earnings for FY24 today. This quarter was largely a slow quarter for not just TCS but the IT sector overall

TCS to give 100% variable pay to junior employees for Q2FY24

“We are going to have 100% variable pay for 70% of our workforce. The rest of the workforce will get paid based on the business unit performance,” Chief Human Resources Officer Milind Lakkad said.

LIVE: TCS Reports Q1 Earnings | Decoding Quarterly Performance | Management Commentary & Outlook

IT bellwether TCS kicks off the Q1 earnings season. IT stocks have underperformed in the recent rally as analysts expect revenues to be under pressure because of a likely recession in the United States. Watch the management share key commentary and outlook ahead for the company followed by a discussion on their quarterly performance with a panel of experts, right here on Moneycontrol.

TCS incoming CEO Krithivasan on reorg: No hurry to change, will make tweaks as required

"This structure was put in place after all the internal discussion so there is no rush to do anything,” CEO designate K Krithivasan told analysts.

'In my interactions with clients over last quarter, conversation starts and stops with ChatGPT’: TCS COO NG Subramaniam

Subramaniam said TCS will have a centre of excellence around generative AI

TCS rolls out 46,000 offers to freshers for FY24

Chief Human Resources Officer Milind Lakkad said that while there have been delays of 1-2 months in onboarding, the company has honoured all past offers.

Incoming TCS CEO K Krithivasan to take over on June 1, 2023

Outgoing CEO Rajesh Gopinathan will stay on till September 15 to help with the transition.

TCS slashes hiring to 22,600 in FY23 from 1.03 lakh a year back

The net headcount addition in FY23 has seen a steep decline of 78 percent from FY22. The company had previously also attributed the decreased hiring in FY23 to increased hiring in the preceding fiscal.

LIVE: TCS Reports Q4 Earnings | Decoding Quarterly Performance | Management Commentary & Outlook

IT bellwether TCS kicks off the Q4 earnings season. Will the tech giant outperform its peers or buckle under the pressure from global headwinds? Watch the management share key commentary and outlook ahead for the company followed by a discussion on their quarterly performance with a panel of experts, right here on Moneycontrol.