Business News›Markets›Stocks›Earnings›TCS expected to report Rs 10k cr PAT in Q4; Infosys net may touch Rs 5,952 cr
TCS expected to report Rs 10k cr PAT in Q4; Infosys net may touch Rs 5,952 cr
Synopsis
In the rupee terms, TCS topline is likely to cross the Rs 50,000 cr milestone in a single quarter, growing by 3.2% to Rs 50,395 cr. Net profit may touch Rs 10,043 cr for the first time in a quarter, increasing by 2.8% sequentially. Based on these estimates, dollar revenue for the full year may grow by nearly 16% compared with the 0.6% growth in FY21.
ET Intelligence Group: Tata Consultancy Services (TCS) is expected to report a sustained business momentum for the March 2022 quarter though the sequential growth may moderate from the previous quarter due to seasonal weakness as clients revisit their IT spends for the calendar year. The country’s largest software exporter will report numbers on Monday evening. Apart from the quarterly performance and outlook, any commentary on business
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