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
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Most analysts bullish on TCS after Q2 show beats Street forecast | Economic Times
Most analysts bullish on TCS after Q2 show beats Street forecast | Economic Times
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