InvestorQ : What are key expectations for the TCS results to be announced on Monday 11-April?
NISHA Nayak made post

What are key expectations for the TCS results to be announced on Monday 11-April?

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Priyanka N answered.
1 month ago
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TCS reports quarterly and annual results for Q4 and for FY22 post trading on 11th April. TCS does not provide any top line or bottom line guidance although its consistent performance has been a guidance of sorts. Here are two important things to expect from the TCS Q4.

a) Revenues could most likely grow in double digits at around 12% yoy while the profits are expected to grow by around 9%. The dollar revenues or constant currency revenue growth will be lower by about 60 bps due to cross currency headwinds.

b) While TCS was not a input cost story like many other industries, it did face pressure on the manpower and attrition costs front. EBIT margins are expected to improve sequentially by about 20 bps to 25.3% in the fourth quarter. Even the overall attrition which touched 15.3% last quarter, is likely to plateau out, if not fall drastically?

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