Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions firm, will be announcing its first quarter financial results on today, Jul. 9, 2015.
Analysts at various broking firms expect TCS's quarterly revenues to be in the range of Rs 255 billion to 260 billion. Meanwhile, profit after tax (PAT) is expected to be in the range of Rs 53 billion to Rs 60 billion.
| Following table shows analyst estimates for TCS's first quarter results. |
| Broker Name | Revenues (Rs in bn) | Change (%) | PAT (Rs in bn) |
| Y-o-Y | Q-o-Q |
| Edelweiss | 260 | 17.7 | 7.5 | 53.47 |
| IndiaNivesh Securities | 255.41 | 15.5 | 5.5 | 53.07 |
| Motilal Oswal | 257.69 | 16.5 | 6.4 | 56.84 |
| Angel Broking | 257.84 | - | 6.5 | 59.5 |
Key Things to Watch Out in TCS Quarterly Results:
FY2016 outlook
Demand environment
Deal flows
Client budgets
BFSI performance
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