Indian software- services exporter Tata Consultancy Services( TCS) beat TCS daily results estimates on Thursday, helped by its banking, fiscal services, and insurance business, and indicated stronger growth in the alternate half of the financial time.
Tata Consultancy Services news: It handed a boost to the$ 283 billion Indian IT assiduity that has been floundering with muted customer spending this time due to the uncertain global macroeconomic conditions, especially in North America, its biggest request.
“If there are no more tariff surprises, Indian IT should slowly but steadily come out of this quarter,” Piyush Pandey, analyst at Centrum Broking, told Reuters. “TCS surprised positively on revenue and operating margins.”
Krithivasan, TCS’ Chief Executive Officer, said the number of pr