neutral
Recently
TCS revenue growth expected to improve modestly in December quarter
TCS is likely to post steady revenue growth in Q3 as demand stabilizes, though margins may face pressure from wage hikes and operating costs.
Tata Consultancy Services is expected to report revenue growth of 7 to 9 % year on year for the December quarter, supported by stable demand in BFSI and improved deal execution. Analysts expect margins to remain under pressure due to wage hikes and higher subcontracting costs. Market participants will closely track commentary on discretionary spending and client budgets, as global macro uncertainty continues to influence technology outsourcing decisions across key geographies.