India's largest software services exporter, Tata Consultancy Services (TCS) on Monday will kick off the corporate earnings season for the September quarter of the current financial year (Q2FY23). The company is all set to announce its results scheduled post-market hours on Monday. The shares of the IT giant gained 1.47% and were trading in the [...]
India’s largest IT exporter, Tata Consultancy Services, was already under pressure due to FII selling, attrition issues, salary hikes and moderation of growth in Europe. Additionally, its margins contracted in Q1FY23 and missed analysts’ estimates. The IT major reported a 5.21% increase in its consolidated net profit at ₹ 9478 crores in the June quarter [...]
India’s top two software services have posted their results for the fourth quarter ending March 31, 2022. They reported profits and robust growth, however, they were affected by a high attrition rate. Profit TCS, India’s largest IT firm posted a net profit of ₹ 9,926 crores in the March quarter, up 7.4% due to positive [...]
