Five things to watch out for in TCS results

In July-Sept 2016, TCS had missed street expectations with 7.8% growth in revenue at Rs 29,284 cr

India’s largest IT services firm Tata Consultancy Services (TCS) will kick off on January 12 the third-quarter results for technology services companies, casting light on how the industry will face automation, the Donald Trump presidency and disruption in business models as clients go digital.

In July-September 2016-17, TCS had missed street expectations with 7.8 per cent growth in revenue at Rs 29,284 crore. The operating margin, calculated as sales minus expenses, was 26 per cent, which surprised analysts. But the forecast was muted as Chief Executive Officer and Managing Director N Chandrasekaran had said the quarter was unusual and growth