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TCS Q1FY18 News
Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates
Fri, Jul 21, 2017
According to analysts, Tata Consultancy, Wipro and Infosys were expected to report muted financial performance for the April- June quarter, with margins coming under pressure on account of rupee appreciation and wage revision.
TCS Q1FY18: Margins, cross-currency revenue growth likely to be under pressure
Thu, Jul 13, 2017
In Q1FY18, TCS will face brunt from wage hike, visa costs and strong INR appreciation. The company saw gradual improvement in earnings on yoy basis during FY17.
Sharp rupee appreciation, wage hikes to impact IT companies Q1FY18 earnings
Tue, Jul 11, 2017
Apart from visa costs, job cuts and wage hike challenge, the IT companies will also see further deceleration in margins due to INR appreciation.
Expect Q1 performance of IT cos to be muted, say experts
Sun, Jul 09, 2017
Indian tech majors will announce their financial results this week, starting with Tata Consultancy Services on July 13.