{"id":1002520,"date":"2026-04-11T10:08:55","date_gmt":"2026-04-11T04:38:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1002520"},"modified":"2026-04-11T10:10:29","modified_gmt":"2026-04-11T04:40:29","slug":"fx-gains-cushion-tcs-margins","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/11\/fx-gains-cushion-tcs-margins\/","title":{"rendered":"FX gains cushion TCS margins"},"content":{"rendered":"<p>Brokerages indicated that TCS\u2019s margin performance in Q4 remained protective rather than showing any sharp expansion. EBIT margin rose about 10 basis points sequentially to around 25.3%, supported by better realisations and currency movement. However, these gains were largely offset by higher spending. <\/p>\n<p>\u201cTailwinds from realisation improvement (+40 basis points) and forex (+110bp) were partly offset by higher external consultant costs (-40bp), investments in talent &amp; platform integration (-40bp), GTM &amp; ecosystem partnerships (-50bp) and integration-related investments (-10bp). TCS reinvested some tailwinds back into bolstering capabilities and growth engines,\u201d analysts<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brokerages indicated that TCS\u2019s margin performance in Q4 remained protective rather than showing any sharp expansion. EBIT margin rose about 10 basis points sequentially to around 25.3%, supported by better realisations and currency movement. However, these gains were largely offset by higher spending. \u201cTailwinds from realisation improvement (+40 basis points) and forex (+110bp) were partly offset by higher external consultant costs (-40bp), investments in talent &amp; platform integration (-40bp), GTM &amp; ecosystem partnerships (-50bp) and integration-related investments (-10bp). TCS reinvested some tailwinds back into bolstering capabilities and growth engines,\u201d analysts<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1002520","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1002520"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002520\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1002520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1002520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1002520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}