TCS Q1FY23 results today: How the IT giant performed in last four quarters

TCS's demand commentary could be strong even as margin may be hit due to wage hikes, according to Motilal Oswal

IT giant Tata Consultancy Services (TCS) will announce its Q1 FY23 results by 5.30 pm on Friday, kick-starting the results season for the information technology sector. As per estimates, TCS will likely register a revenue growth between 3.6 and 4 per cent in constant currency terms (cc) quarter-on-quarter (QoQ). The company's year-on-year (YoY) growth is estimated to be between 11 to 16 per cent for the first quarter of FY23.