February 6, 2025
Profits up but outlook ‘cautious’ at Indian software giant TCS

Mumbai (AFP) Jan 9, 2023

India’s largest software exporter Tata Consultancy Services on Monday reported higher earnings in the December quarter, but missed expectations and warned of a “cautious” business environment in the new year.

TCS is India’s second-most-valuable company by market capitalisation and earns more than 80 percent of its revenues from Western markets…
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