TCS Results

After five quarters in a row of a net rise in employee number, total headcount at the Mumbai-headquartered firm fell by 4,063 to 446,675 at the end of the December quarter

Revenue for the quarter came in at Rs 39,854 crore, up 6.7 per cent YoY while in constant currency terms, revenue grew 6.8 per cent YoY.

Tax cut helps, but India Inc's revenue growth falters

For the quarter under review, TCS is likely to post revenue growth of 2.8 per cent - 3 per cent in constant currency (CC) terms on quarter-on-quarter (QoQ) basis.

Last week, IT shares had declined on Infosys' disappointing outlook for 2018-19

Firm's revenue up 1% to Rs 30,543 cr, operating margin drops to 23.4% from 25.1%

TCS will kick off the earnings season for India's beleaguered IT sector