{"id":865222,"date":"2024-10-11T08:24:42","date_gmt":"2024-10-11T02:54:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=865222"},"modified":"2024-10-11T08:35:09","modified_gmt":"2024-10-11T03:05:09","slug":"for-the-first-time-since-2019-tcs-sees-a-fall-in-sep-quarter-margins","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/11\/for-the-first-time-since-2019-tcs-sees-a-fall-in-sep-quarter-margins\/","title":{"rendered":"For the first time since 2019, TCS sees a fall in Sep quarter margins"},"content":{"rendered":"<p>Tata Consultancy Services Ltd (TCS) on Thursday kicked off the quarterly earnings season for India&#8217;s technology services companies, recording a sequential decline in profit as equipment costs doubled and revenue from the Americas fell. <\/p>\n<p>India\u2019s largest software services company reported a net profit of $1.43 billion for the September quarter, down 1.59% from the preceding quarter. This is the first time in five years that the company has ended the September quarter with a sequential decline, though its net profit has been slipping since the March quarter of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services Ltd (TCS) on Thursday kicked off the quarterly earnings season for India&#8217;s technology services companies, recording a sequential decline in profit as equipment costs doubled and revenue from the Americas fell. India\u2019s largest software services company reported a net profit of $1.43 billion for the September quarter, down 1.59% from the preceding quarter. This is the first time in five years that the company has ended the September quarter with a sequential decline, though its net profit has been slipping since the March quarter of this year.<\/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":[55,13,4],"tags":[],"class_list":["post-865222","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865222","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=865222"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/865222\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=865222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=865222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=865222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}