India’s biggest IT services player’s consolidated revenue for the quarter came in at Rs 59,692 crore. TCS's order wins for Q2 stood at $11.2 billion, which was higher quarter-on-quarter (QoQ). Its EBIT margin for the quarter increased to 24.3 percent compared to 23.2 percent (QoQ). The dollar revenue for the IT major stood at $7,210 million. Sequentially, PAT beat estimates but rupee revenue growth came in below estimates. Listen in to the management commentary.
first published: Oct 11, 2023 06:38 pm
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