TCS Q1 Results 2024 Live Updates: Tata Consultancy Services (TCS), the largest software services exporter in India, is set to announce its June quarter earnings today. The IT bellwether TCS is expected to see a muted sequential growth in revenue, but margins are likely to shrink, primarily due to wage hikes. TCS Q1 revenue is expected to rise 1.6% quarter-on-quarter (QoQ) in constant currency (CC) terms, led by deal scale up. Net profit in Q1FY25 is expected to fall 2.9%, while EBIT margin may contract 150 bps QoQ owing to wage hikes. The deal pipeline should remain healthy, while the outlook on near-term demand and pricing environment, and deal wins are key monitorables. Stay tuned to our TCS Q1 wesults 2024 live blog for the latest updates.
TCS Q1 Results 2024 Live: IT major to report Q1 results today
Tata Consultancy Services (TCS), the largest software services exporter in India, will announce its earnings for the first quarter of FY25 today. TCS Q1 results are scheduled to be released after market hours on July 11.