Q3 is a seasonally weak quarter impacted by furloughs and holidays. Despite the seasonality and revenue softness in Q3FY25, TCS is managing to improve margin, getting strong order inflows, looking at a healthy pipeline and reasonably confident about the demand outlook.
The Nifty IT index has gained 8.2 percent in 7 straight sessions to hit its 52-week high on August 20
The Tata Group holding company plans to sell TCS shares at Rs 4,001 apiece, a 3.6% discount to its closing share price on March 18
TCS Q1 Earnings: Tech spend in long term is likely to be strong and is validated by the TCV we have. The pipeline remains strong given clients continue to invest in tech, but there is softness in the near term says TCS CEO
TCS reports a nearly 11 percent jump in its consolidated net profit for Q3, revenue from operations rose 19 percent. Cloud services, market share gains and momentum in the United States and the UK are some of the factors that helped TCS post strong growth in Q3. Will the momentum continue – and what makes the TCS CEO upbeat after the earnings? Watch this exclusive interview to find out!