TCS’s Q1 top-line growth of 1.6% and flat quarter-on-quarter margin is in line with expectations. The real focus should be on TCS’s outlook and commentary on verticals, such as BFSI, retail, and high tech, which may experience delays in decision-making or automation processes. The analyst expects $6-8 billion deal wins, but the concern is the engagement for the following quarters. The order book remains strong at $10 billion, employee attrition has fallen to 20.1%, and TCS plans to keep margins at 26-28%, but hiring has been pending.
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