TCS Q4 results: Five key things to watch out for
NEW DELHI: Tata group firm TCS is likely to report a marginal a sequential drop in March quarter profit on a 0.5-2 per cent rise in sales. Analysts expect margins to fall by up to 40 basis points QoQ.
Here are five things investors would keenly watch out for:
Pricing pressure, margins
After WiproNSE -0.29 %’s in-line quarterly results, it is expected that TCS numbers will at least meet market expectations. But whether the TCS management say anything on H1 demand is to be seen. Wipro, which generally gives quarterly guidance, refrained from giving one on Wednesday, citing an uncertain