Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering […]
Navigating a Tough Growth Environment Tata Consultancy Services (TCS), India’s IT powerhouse, reported a cautious start to FY26. While revenues in rupee terms crept up by 1.3%, the company faced a 3.1% decline in constant currency, pointing to ongoing market headwinds. Notably, key verticals like Life Sciences saw declines, and the Indian market shrank […]
Tata Consultancy Services, a leading global IT services, consulting, and business solutions company, in its Q4 earnings call highlighted a margin decline attributed to planned promotions costing 100 basis points, while expressing optimism about FY26 outperforming FY25 despite current booking declines due to strong TCV momentum. Management explained the decision to defer wage hikes amid […]
Tata Consultancy Services Ltd., a leading provider of IT services, consulting and business solutions, and outsourcing, in its Q3 earnings call discussed about strong deal wins, while showing early signs of revival in discretionary spending and shorter deal cycles, particularly in BFSI and international markets. Management expressed optimism for 2025, citing improved deal wins and […]
Tata Consultancy Services Ltd (NSE:TCS) Q2 2024 Earnings Conference Call dated Oct. 11, 2023 Corporate Participants: Kedar Shirali — Head, Global Investor Relations K. Krithivasan — Chief Executive Officer and Managing Director N. G. Subramaniam — Chief Operating Officer and Executive Director Samir Seksaria — Chief Financial Officer Milind Lakkad — Executive Vice President and Global […]
Tata Consultancy Services Ltd (NSE: TCS) Q1 FY24 Earnings Concall dated Jul. 12, 2023 Corporate Participants: Kedar Shirali — Vice President and Global Head, Investor and Analyst Relations K. Krithivasan — Chief Executive Officer and Managing Director N. Ganapathy Subramaniam — Chief Operating Officer and Executive Director Samir Seksaria — Chief Financial Officer Milind Lakkad — Executive Vice President and Global Head, Human Resources Analysts: […]
Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India’s top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. Net profit up by 17% at INR 11,120 crores while revenue surges 13% to INR 59,381 crores. TCS has announced a final dividend of INR 9 […]
Tata Consultancy Services Ltd (NSE:TCS) Q4 FY23 Earnings Concall dated Apr. 12, 2023. Corporate Participants: Kedar Shirali — Head, Global Investor Relations Rajesh Gopinathan — Chief Executive Officer and Managing Director K. Krithivasan — President and Global Head, Banking, Financial Services and Insurance Business Unit N. Ganapathy Subramaniam — Chief Operating Officer Samir Seksaria — Chief Financial Officer Milind Lakkad — Executive Vice President and Chief […]
TCS reported Total Income for Q4 FY23 of ₹59,162 Crore, up from ₹50,591 Crore year on year, a growth of 17%. Total Expenses for Q4 FY23 of ₹44,946 Crore up, from ₹36,746 Crore year on year, a growth of 28%. Consolidated Net Profit of ₹11,392 Crore, up 15% from ₹9,959 Crore in the same quarter […]
Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India’s top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. Net profit up by 14.8% at INR 11,392 crores while revenue surges 16.9% to INR 59,162 crores. TCS has announced a final dividend of INR 24 […]