India's TCS falls as rare annual revenue drop dulls quarterly earnings beat, deal wins - Reuters
India's TCS falls as rare annual revenue drop dulls quarterly earnings beat, deal wins Reuters
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"We expect international business to grow faster and believe that India business will decline marginally."
— Shakshi Jain , Executive
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<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxOZnRUcEk5bV9fQTJCRG9IMlI0b1luVGlSdXlkelpaMkZ1aWpmNDJxeS1yOW53bFhGd3FVYjRMOHprVUdBelRBbm9Yb1hucUlYSUFubi1fSmFkS3NBc3NvLWhlNmd2cWdBb1U2N2k2aG42dS03dXJWNGhKTVg1TlkzQ19WdTR2S3VHZldHTUEzUk5GNWNPblVYOUVraDJwc05fMXdUTG15TmttNkRvbHFfWGh3a3F4cVd5QVhWa2Nlbw?oc=5" target="_blank">India's TCS falls as rare annual revenue drop dulls quarterly earnings beat, deal wins</a> <font color="#6f6f6f">Reuters</font>
Analysts anticipate a marginal sequential decline in Tata Consultancy Services' adjusted net profit for the March quarter, despite a moderate rise in revenue, due to foreign exchange losses and planned investments.
Tata Consultancy Services' shares declined nearly 3% following a rare annual revenue drop, overshadowing strong deal wins and a quarterly earnings beat, indicating challenges in sustaining growth amid weak client spending and rising costs.
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