TCS May See Boost in Margins Amid Muted Revenue Growth in Q3
Financial Express Chennai|January 08, 2025
TATA CONSULTANCY SERVICES (TCS), set to announce its October-December earnings on Thursday, is expected to report modest revenue growth for the quarter.
URVI MALVANIA

However, analysts anticipate a boost in margins, supported by operational efficiencies and a favorable cost structure.

According to Bloomberg estimates, TCS’ Q3 FY25 revenue is projected at ₹64,754 crore, reflecting a modest 0.8% sequential growth. EBITDA is expected to rise 3.7% to ₹17,351 crore, while net profit is estimated at ₹12,541 crore, marking a 5.8% quarter-on-quarter increase.

Bu hikaye Financial Express Chennai dergisinin January 08, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Chennai dergisinin January 08, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS CHENNAI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Chennai

Ujjivan SFB Q3 profit slumps 64% to ₹109 cr

UJJIVAN SMALL FINANCE Bank on Thursday reported a 64% decline in its net profit to ₹109 crore for the third quarter amid a spike in bad loan provisions and higher interest expenses.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Foreign secy to visit China on Jan 26-27

Moving To Resume Bilateral Engagements

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Economic Fragmentation: Global GDP Could Drop by Up to $5.7 Trillion

GROWING GEO-ECONOMIC FRAGMENTATION can decrease global GDP by up to $5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the Covid pandemic, the Navigating Global Financial System Fragmentation report showed on Thursday.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Rising competition from global banks may lower pricing on loans: Barclays

A RENEWED PUSH by Japan's major banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country head for Barclays Plc.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

HDFC Bank expects improved CASA ratio with easing in rates

HDFC BANK EXPECTS its current account savings account (CASA) ratio to improve as interest rates are likely to soften, Sashidhar Jagdishan, managing director and CEO, said in an analyst call on Thursday.

time-read
2 dak  |
January 24, 2025
Financial Express Chennai

57% Taxpayers Seek I-T Rate Cuts

Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Package likely to ramp up pulses & oilseeds output

Govt keen to rein in imports of these items by boosting domestic production

time-read
3 dak  |
January 24, 2025
Financial Express Chennai

Delhi polls: AAP schemes outrank Constitution issues

THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing. Inside the compound, behind a statue of BR Ambedkar holding the Constitution, sit four men from the Jatav (Dalit) community discussing the Delhi elections.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Luxury car sales facing China hurdle: Tatas

JAGUAR LAND ROVER's owner, Tata Motors, said profitability is being hurt by economic challenges in China, a market where weak demand and consumer preference for electric vehicles is curbing sales of traditional top-end cars.

time-read
1 min  |
January 24, 2025
Financial Express Chennai

Real Madrid Is First Club To Top $1-Bn Revenue

REAL MADRID BECAME the first soccer team to register one billion euros ($1.04 billion) in revenue in a single season in 2023-24, with the Spanish side topping the Deloitte Football Money League as the world's highest revenue-generating club once again.

time-read
1 min  |
January 24, 2025