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Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts
Sat, May 20, 2017
The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.
IT companies likely to report stable earnings in fourth quarter of FY17: Experts
Tue, Apr 11, 2017
According to research firms, IT companies are likely to report stable earnings for the fourth quarter (Q4) of fiscal year 2016-17 (FY17) which ended on March 31, 2017.
Cyient stocks down nearly 7% as Q4 net profit tumbles
Fri, Apr 22, 2016
The company had reported a 29.7% drop in net profit at Rs 65.9 crore for the fourth quarter (Q4) ended on March 31, 2016.