Page 6 - Tata Consultancy Services Ltd News

TCS slips over 2% even as Q2FY23 results beat Street estimates

The IT major reported net profit of Rs 10,431 crore, up 8.4 per cent year-on-year (YoY) and 10 per cent quarter-on-quarter (QoQ)

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.

TCS to give full variable pay to 70 per cent employees in Q2FY23: Report

In Q2FY23, TCS saw an eight per cent year-on-year (YoY) jump in its net profit to Rs 10,465 crore, beating the estimates

TCS to hire additional 10k-12k freshers in current year amid 21% attrition

"Attrition will need at least four quarters to come down to 20%. But the overall number of people leaving the company will come down significantly," said Milind Lakkad, Chief HR Officer of TCS.

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

TCS sees softness in long-term deals after second-quarter beat

Many of India's top IT services firms are looking at various cost-cutting measures, as they are worried that tightening budgets at recession-wary US and European clients will sharply hit their profits

TCS' Q2 net profit rises 8% to Rs 10,431 cr, firm declares Rs 8 dividend

The firm's consolidated revenue from operations rose 18% to Rs 55,309 cr

TCS bounces 3.5% off lows ahead of September quarter results today

Analysts expect TCS to post a sequential revenue growth of 3-4.6 per cent in constant currency terms, while its net profit may rise in the range of 6-10.7 per cent from the last quarter