TCS revenue growth flat in quarter 3, demand yet to pick up
Friday, 10 January 2025 () TCS reported a 4.5% year-on-year revenue increase in constant currency terms for the Dec quarter, though performance was flat sequentially due to seasonal factors and reduced discretionary spending. Revenue rose to $7.5 billion in dollar terms. Despite a mixed performance across geographies and sectors, TCS's order book grew to $10.2 billion, bolstering confidence in future growth.
FMCG companies are set to experience a contraction in gross margins and modest-to-flat operating profits in the Dec quarter due to inflation, higher input costs,... IndiaTimes
Friday, 10 January 2025 ()
