Posts in category Economic Times
26-28% margin band in the longer term is TCS’ guiding beacon and gives us confidence: Samir Seksaria (01-08-2022)
“The twin engine strategy which we have in place for growth and transformation for our customers or cost and optimisation are placed in beautifully and that will help us continue the demand drivers which we have been calling out, whether it is in terms of increased share of offshoring or outsourcing or in terms of the cloud transformation agenda.”
Metro Brands rallies 13%, hits new high as company returns to black in Q1 (01-08-2022)
Metro Brands' total revenue from operations was up over two-fold at Rs 507.95 crore during the quarter. It stood at Rs 131.39 crore in the first quarter of FY21. Its total expenses were at Rs 377.51 crore, up two-fold in the June quarter of FY23. The same was at Rs 159.59 crore in the year-ago period. Rekha Jhunjhunwala, the wife of Rakesh Jhunjhunwala, owned 39,153,600 equity shares or a 14.43 per cent stake in the company as of Q1FY23, worth Rs 2,510 crore.