{"id":894542,"date":"2025-01-10T08:40:05","date_gmt":"2025-01-10T03:10:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=894542"},"modified":"2025-01-10T09:18:02","modified_gmt":"2025-01-10T03:48:02","slug":"tcs-kicks-off-q3-with-missed-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/10\/tcs-kicks-off-q3-with-missed-estimates\/","title":{"rendered":"TCS kicks off Q3 with missed estimates"},"content":{"rendered":"<p>Tata Consultancy Services (TCS), the country\u2019s largest IT services firm, on Thursday missed estimates on both revenue and profit fronts, underlining continued caution among global clients amidst a challenging macroeconomic environment.<\/p>\n<p>The company\u2019s consolidated net profit rose 4% sequentially to Rs 12,380 crore, missing Bloomberg\u2019s estimate of Rs 12,534 crore. Revenue declined by 0.4% sequentially to Rs 63,973 crore, falling short of the estimate of Rs 64,748 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services (TCS), the country\u2019s largest IT services firm, on Thursday missed estimates on both revenue and profit fronts, underlining continued caution among global clients amidst a challenging macroeconomic environment. The company\u2019s consolidated net profit rose 4% sequentially to Rs 12,380 crore, missing Bloomberg\u2019s estimate of Rs 12,534 crore. Revenue declined by 0.4% sequentially to Rs 63,973 crore, falling short of the estimate of Rs 64,748 crore.<\/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-894542","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\/894542","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=894542"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894542\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=894542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=894542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=894542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}