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TCS Information Technology 12 Apr 2024

Tata Consultancy Services Ltd — Q4 FY24

TCS reported Q4 FY24 revenue of INR 61,237 crore, up 3.5% YoY in rupee terms, with operating margin expanding 100 bps sequentially to 26%, the highest in 12 quarters.

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Revenue ₹61,237 Cr +3.5%
EBITDA
EBITDA Margin 26%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter3
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.

Q3 FY24

BFSI growth expected from Q4

Management expects BFSI to bottom out and grow from the coming quarter, driven by deal wins and seasonal bounce-back.

Missed

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

heuristic_v1
Q3 FY24

Margin improvement momentum to continue

CFO stated that levers like productivity, utilization, and subcontractor costs offer further scope for improvement, though no specific target given.

Missed

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

heuristic_v1
Q3 FY24

Fresher hiring of 40,000 for FY24 still on track

CHRO reaffirmed the plan to onboard 40,000 freshers in FY24, with hiring progressing as per schedule.

Delayed

The current-quarter record did not contain enough evidence of delivery; the item remains delayed for follow-up.

heuristic_v1