Q4 Preview: TCS to lead IT pack; may see upper single digit rise in profit

Large-cap IT major TCS is expected to register a single-digit growth in revenue and profit for the January-March quarter (Q4FY24) as compared to the same quarter in the year ago period due to large deal ramp ups and operational efficiencies, said analysts.

Reversal of furloughs and incremental contribution from the BSNL deal and other deals will fuel the revenues, analysts said. The company is expected to report the strongest quarterly performance among its peers. TCS is scheduled to release Q4 results on Friday, April 12, 2024.