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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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As earnings season begins, major companies' performance reports to decide market movement in coming days

The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…

ANI   


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TCS net profit rises 9% to ₹12,434 crore in Q4

Country's largest software services company TCS on Friday reported a 9.1 per cent growth in its Ma…

PTI   


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Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead

LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …

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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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Indian stock indices hit fresh high; eyes now on inflation data, Q4 earnings

Indian stock indices started Monday's trade in the green and hit their fresh highs, extending posit…

ANI   


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TCS kicks off Q3 earnings with better than expected show, announces special dividend

IT bellwether, TCS, has kicked off the Q3FY24 earnings season on Thursday reporting revenue of ₹60,…

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TCS expects the BFSI needle to start moving this quarter

India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …

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TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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TCS Q4 constant currency revenue growth hits a 11-quarter low

IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…

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Tesla Q1 sales miss Wall Street expectations and clock the first year-over-year quarterly decline since 2020

Elon Musk's Tesla delivered fewer cars to customers in the first quarter than Wall Street expected …

Graham Rapier,Nora Naughton   


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Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …

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Client meetings 'start and stop with ChatGPT' says India's largest IT company

ChatGPT and artificial intelligence in general, will play a significant role in shaping the way IT …

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Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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Sensex, Nifty hit record highs as HDFC, TCS rise

Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, …

PTI   


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Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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TCS kicks off earnings season by declaring dividend and matching analyst's muted expectations

TCS has reported a growth of 16.8% to ₹11,074 crore in net profit and a 12.5% rise in revenue from …

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India’s IT sector likely to face macro headwinds until end 2023, say analysts

India’s information technology services companies have been struggling amid heightened fears of rec…

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Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO

The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …