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TCS Information Technology 11 Jan 2024

Tata Consultancy Services Ltd — Q3 FY24

TCS reported Q3 FY24 revenue of INR 63,583 crore, up 4% YoY, with operating margin expanding 70 bps sequentially to 25%.

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Revenue ₹60,583 Cr +4%
EBITDA
EBITDA Margin 27%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY24

Deal win run-rate raised to $9-10B per quarter

COO NGS indicated the new normal for quarterly deal wins is around $9-10 billion, up from the earlier $7-9 billion range.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY24

Fresher hiring to continue; all offers honored

TCS will continue campus hiring and honor all offers, though onboarding may be delayed by a quarter.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1