Tag: earnings

TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates

 stock analyst  04/13/2024  0 Comments on TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates

TCS Q4 Results: Revenue from operations increased by a marginal 3.5% year-on-year (YoY) to Rs 61,237 crore. On a sequential basis, profit after tax jumped 12%, compared with Rs 11,058 crore clocked in the preceding December quarter. Revenues were up 1% quarter-on-quarter (QoQ).

TCS announces final dividend of Rs 28 per share

 stock analyst  04/13/2024  0 Comments on TCS announces final dividend of Rs 28 per share

This will be paid on the fourth day from the conclusion of the 29th Annual General Meeting. TCS\’ revenue for the January-March quarter stood at Rs 61,237 crore, up 3.5% on a year-on-year basis and 2.2% YoY in constant currency terms. Full-year revenue was reported at Rs 240,893 crore, up 6.8% YoY and over 3.4% in the CC terms while the net income stood at Rs 46,585 crore jumping by 10.5% YoY.

What to expect from TCS Q4 earnings? Sandip Sabharwal answers

 stock analyst  04/13/2024  0 Comments on What to expect from TCS Q4 earnings? Sandip Sabharwal answers

So, even a small amount of slippage in expectations can lead to a sell-off. So, I would think that the stock is more than fairly valued at this price. I would believe that the valuations are on the higher side at 196 levels.

Mayuresh Joshi on why TCS stock deserves to be rerated

 stock analyst  04/13/2024  0 Comments on Mayuresh Joshi on why TCS stock deserves to be rerated

Market expert Joshi praises TCS\’s outstanding financial performance, expecting a stock re-rating. Anticipates positive sector impact and growth in BFSI, energy, manufacturing, life sciences, and healthcare industries based on TCS\’s stellar results.

TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings

 stock analyst  04/13/2024  0 Comments on TCS Q4 show trumps D-Street expectations: 5 takeaways from the earnings

TCS Q4 Results: The company\’s order book for FY24 was at an all-time high of $42.7 billion and record $13.2 billion in the March quarter, led by the mega deal with Aviva and others in the emerging markets vertical.

Anand Rathi Q4 Results: Net profit zooms 33% to Rs 57 crore; co announces 9 per share dividend

 stock analyst  04/13/2024  0 Comments on Anand Rathi Q4 Results: Net profit zooms 33% to Rs 57 crore; co announces 9 per share dividend

Anand Rathi Q4 Results: Board has approved a proposal to buy back up to 3.7 lakh shares of the company at Rs 4,450 apiece for an amount not exceeding Rs 164.65 crore.

IT earnings may show worst is over for showpiece sector; all eyes on TCS today

 stock analyst  04/12/2024  0 Comments on IT earnings may show worst is over for showpiece sector; all eyes on TCS today

Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for India’s $245 billion-plus IT services sector next year.

Q4 Results Today: What to expect from TCS earnings?

 stock analyst  04/12/2024  0 Comments on Q4 Results Today: What to expect from TCS earnings?

TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.