TCS Share Price: Details of the Q3 results Decoded by ICICI Securities
Tata Consultancy Services (TCS) reported a healthy set of Q3 FY21 results and were above estimates on all fronts. The growth was across geographies and verticals. The QoQ growth in revenues was led by healthy demand in core transformation services and conversion from earlier deals.
Constant currency revenues grew 4.1% QoQ, above ICICI Securities estimate of 3%. US$ revenues grew 5.1% QoQ to $ 5702 mn, above estimates of 3.6% QoQ growth and $ 5619 mn estimate: Zee Business