Tata Consultancy Services Ltd seems to be on track to report a disappointing full year. The company warned in an analyst meet that its revenue would be impacted by foreign exchange movements. However, such cross currency movements are unlikely to affect its profits much. At its analyst meet today, TCS stated that its final quarter […]
TCS’ fourth quarter results look decent on the fact – revenue grew 1.9% in dollar terms compared to the preceding quarter, and profit was up 2.5%. The company blamed poor India performance in its press conference. However, there is more to it that just poor India numbers. First, after a seasonally weak quarter in the […]
Tomorrow is the much awaited Infosys quarterly earnings results – an event that would set the agenda for IT stocks for the coming days or weeks. So what should you expect from the results? First off, Infosys is unlikely to report the 1.5-2% growth in dollar revenues that it has managed for the last two […]
