By Kosaku Narioka
Tata Consultancy Services is scheduled to report its first-quarter results on Thursday. Here's what you need to know:
NET PROFIT FORECAST: Tata Consultancy's net profit is expected to have increased 2.4% to 123.30 billion rupees, equivalent to $1.44 billion, for the three months ended June 30, according to a poll of analysts by Visible Alpha. That would compare with 120.40 billion rupees in the year-earlier period.
REVENUE FORECAST: Tata Consultancy's first-quarter revenue is estimated to have risen 2.8% from a year earlier to 643.60 billion rupees, according to the Visible Alpha poll.
The stock has fallen 15% year to date through Monday, following an 8.5% gain in 2024.
WHAT TO WATCH:
--Fourth-quarter profit from its banking, financial services and insurance segment rose 1.1% to 63.75 billion rupees. Investors will be focusing on the performance of its largest client segment.
--In April, the company announced a dividend of 30 rupee a share. Investors will be closely watching any further payout from the company as it has said the board will consider an interim dividend.
--Its employee headcount was at 607,979 as of the end of March, little changed from 607,354 as of the end of December. Investors will be paying attention to signs of recovery in workforce growth.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
July 08, 2025 03:23 ET (07:23 GMT)
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