TCS Q4 Results Live Updates: Recent correction makes stock cheaper than largecap peers

TCS Q4 Results Live Updates: Tata Consultancy Services Ltd. (TCS), the Tata Group giant, is set to report its results for the March quarter, after market hours on Thursday, April 9. As per a CNBC-TV18 poll, the company's US Dollar revenue growth is seen 1.5% higher at $7,619.5 million from $7,509 million in the previous quarter. Shares of TCS have corrected 22% over the last 12 months, making them cheaper than their other largecap peers TCS and HCLTech. Watch this space for all the LIVE updates.

TCS Q4 Results Live Updates: Tata Consultancy Services Ltd. (TCS), the Tata Group giant, is set to report its results for the March quarter, after market hours on Thursday, April 9. As per a CNBC-TV18 poll, the company's US Dollar revenue growth is seen 1.5% higher at $7,619.5 million from $7,509 million in the previous quarter. The company's constant currency growth is seen at 1%, with estimates ranging from 0.6 to 1.4% quarter-on-quarter. The company's topline is likely to receive a boost from inorganic transactions, which will contribute 30-40 basis points via Coastal Cloud and ListEngage. EBIT margins for the quarter may expand by 20 basis points, while net profit for the quarter may rise by 29% from the previous quarter to ₹13,727.6 crore. Shares of TCS have corrected 22% over the last 12 months, making them cheaper than their other largecap peers TCS and HCLTech. Deal wins and commentary on the road ahead, BSNL Phase-II ramp-up, rupee benefits, international business growth guidance are some important factors the street will have its eye on. Watch this space for all the LIVE earnings updates from TCS.