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Nov 13, 2021 07:21 AM IST The pandemic both disrupted business for India’s IT companies and opened up new opportunities as the need for digitisation grew globally. Deals, clients and hiring were among the key trends that shaped their performance in the quarter ended September.
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Oct 09, 2021 01:44 PM IST Management guided that demand environment is strong and is sustainable over the medium term.
- Oct 08, 2021 08:33 AM IST
TCS Q2 Result Preview | The growth in TCS' revenue is expected to be driven by conversion of earlier strong orders, recovery in Indian markets after fall in June quarter, and strong spending on digital by corporates.
- Oct 05, 2021 03:18 PM IST
Net Sales are expected to increase by 5.1 percent Q-o-Q (up 19 percent Y-o-Y) to Rs. 47,745.3 crore, according to Prabhudas Lilladher.
- Jul 08, 2021 07:57 PM IST
The company said growth in the quarter was led by cloud platform services, cybersecurity, analytics and insights and enterprise application services.
- Jul 08, 2021 08:03 AM IST
TCS is expected to report an increase in market share, strong growth in the international market but a small decline in domestic business and a thinner operating margin because of higher wages
- Jul 05, 2021 02:30 PM IST
Brokerages expect IT stocks to continue trading at premium valuations given the order pipeline and digitalisation. Infosys, Tech Mahindra and HCL Technologies are the top consensuses picks.
- Apr 12, 2021 08:16 AM IST
Brokerages also expect healthy growth in margin amid operational efficiencies and strong revenue growth, while growth in profit could be around 8-10 percent on a sequential basis.
- Apr 07, 2021 08:00 PM IST
Net Sales are expected to increase by 3.9 percent Q-o-Q (up 9.3 percent Y-o-Y) to Rs 43,645.5 crore, according to KRChoksey.
- Apr 07, 2021 11:48 AM IST
Net Sales are expected to increase by 8.2 percent Q-o-Q (up 17 percent Y-o-Y) to Rs 9,418.2 crore, according to Prabhudas Lilladher.
- Apr 05, 2021 04:03 PM IST
Net Sales are expected to increase by 2.8 percent Q-o-Q (up 8.2 percent Y-o-Y) to Rs. 43,210 crore, according to Motilal Oswal.
- Jan 15, 2021 04:15 PM IST
CFO Prateek Aggarwal said that at the back of the COVID-19 pandemic, enterprises across the board are accelerating their technology adoption and this process will take years to be completely digital.
- Jan 08, 2021 07:28 AM IST
The stock rose 32.4 percent in 2020 and 15 percent during the quarter ended December 2020. However, it underperformed the Nifty IT index that gained 55 percent and 21.55 percent, respectively.
- Jan 05, 2021 09:15 AM IST
The deal pipeline is strong across companies led by digital foundation deals, integrated deals from smaller clients, experience transformation and even core transformation deals.
- Oct 08, 2020 12:16 PM IST
TCS, retail cluster outperformed during the quarter despite continuous weakness in discretionary retail CPG and travel and hospitality sub vertical.
- Oct 07, 2020 07:13 AM IST
EBIT margin is expected to grow in the range of 150-185 basis points QoQ in Q2FY21 due to revenue growth, cost control measures and improved utilisation rate.
- Jul 09, 2020 07:45 AM IST
Brokerages expect 30-50 bps sequential decline in EBIT margin due to lower utilisation, weak operating leverage offset by rupee depreciation and lower travel expenses.
- Jul 08, 2020 11:59 AM IST
Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 39,305.7 crore, according to Motilal Oswal.
- Jul 03, 2020 01:51 PM IST
Brokerages say the demand pullback is expected to be severe in the directly impacted segments but BFSI and telecom could be stable in terms of growth for IT companies.
- Jan 22, 2020 08:08 PM IST
The country's largest IT company won $6 billion worth deals during the quarter ended December 2019, taking total 9-month deals to $18 billion.
- Jan 20, 2020 11:09 AM IST
While maintaining reduce call on the stock and raising target to Rs 2,020 (from Rs 1,900), Kotak Institutional Equities cut its revenue growth forecast marginally, but raised EBIT margin forecast by 20-30 bps.
- Jan 17, 2020 10:37 AM IST
For Q3FY20, Motilal Oswal expects a 2.3% YoY or 3.3% QoQ rise in the PAT for TCS to the tune of Rs 8,305 crore.
- Jan 07, 2020 01:19 PM IST
Net Sales are expected to increase by 2.1 percent Q-o-Q (up 6.6 percent Y-o-Y) to Rs. 39,788.5 crore, according to Motilal Oswal.
- Jan 07, 2020 12:12 PM IST
Key things to watch out for would be increase in deal sizes & tenures in digital; demand commentary, specifically BFSI & retail; and commentary on the improving geopolitical scenario.
- Oct 11, 2019 10:07 AM IST
Credit Suisse has trim revenue estimates by 1 percent and EPS estimates by 5-7 percent adding that the company has a high-quality franchise but is not immune to an uncertain environment.
