Most analysts bullish on TCS after Q2 show beats Street forecast https://ift.tt/iEW4e1Q largest IT exporter posted better-than-expected results for Q2. Revenue growth was 3.9% quarter on quarter (QoQ), better than the consensus estimate of 3.5%. Earnings before interest and tax (Ebit) margin at 24% was resilient, with 90 bps QoQ expansion, ahead of the consensus estimate of 70 bps due to deft gross margin management, higher utilisation and slight moderation in subcontracting cost.
Tuesday, October 11, 2022
Most analysts bullish on TCS after Q2 show beats Street forecast | Economic Times
Tags
# Economic News
Subscribe to:
Post Comments (Atom)
Featured Post
-
A professional finance-themed image depicting various top trading jobs in the USA with salary insights. The scene includes financial char... -
A professional and modern illustration of job seekers searching for jobs on their laptops and smartphones. The scene includes a large job se... -
AMAZON COMPANY - Amazon is the world wide famous American electronic commerce company which headquarters in Seattle, Washington. Amazon...
Posts
No comments:
Post a Comment