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TCS Q1 revenue may rise up to 16% YoY, say analysts. What brokerages expect

Analysts expect TCS EBIT margin to decline sequentially in Q1 due to higher retention costs, wage revision, and increased travel costs. They peg margins in the range of 100 to 150 basis points (bps).

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TCS stock | Nifty IT stocks | Q1 results

Lovisha Darad  |  New Delhi 



Tata consultancy services, TCS

Q1FY23 preview: IT bellwether (TCS) will kick-start India's corporate season for the information technology sector on Friday, July 8. The IT behemoth is likely to report revenue growth in the range of 3.6 per cent to 4 per cent in constant currency terms (cc) for Q1-FY23 quarter-on-quarter (QoQ). The YoY growth, however, is pegged between 11 and 16 per cent for the recently concluded quarter.

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First Published: Thu, July 07 2022. 13:54 IST

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