Cautious demand scenario weighs on TCS show in Q2
Business Standard|October 11, 2024
Top line beats estimates, 5% profit growth disappoints
SHIVANI SHINDE
Cautious demand scenario weighs on TCS show in Q2

Under the persistent shadow of uncertain global geopolitical conditions and restrained discretionary spending, Tata Consultancy Services (TCS), India's biggest IT services provider, reported a moderate performance in the second quarter of the 2024-25 financial year.

TCS posted a net profit of ₹11,909 crore, reflecting a 5 per cent increase over the ₹11,342 crore recorded in the corresponding quarter of the previous financial year. However, on a sequential basis, the profit dipped slightly by 1.08 per cent.

هذه القصة مأخوذة من طبعة October 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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