Members: 0 member(s)

Latest Blogs


Digital deals will help improve margin: TCS

  • In an interview with CNBC-TV18, V Ramakrishnan, CFO, Ajoyendra Mukherjee, EVP & Head of Global Human Resources, Rajesh Gopinathan, Managing Director and CEO, and N Ganapathy Subramaniam Executive Director and Chief Operating Officer at Tata Consultancy Services (TCS) spoke about the results and their outlook for the company.

    Below is the verbatim transcript of the interview:

    Q: Talking about margins, you said yesterday that we fixate on 26-28 percent band. The fact is that that you have that aspiration. The fact again is that next quarter is going to be a seasonally weak quarter, so can we say that it is only by FY19 mid that you will be able to perhaps come towards the target range?


    Stock Market News


    Ramakrishnan: I think rather than looking at it quarter-on-quarter (QoQ), look at things which are happening. For instance, to talk of client matrix; consistently across the bands there has been significant movement. What it does is, if you do that deep client mining, it gives you economies of scale. Look at attrition for instance,consistently it has been either trending down or at a very steady level. So typically if you have a lot of churn, it adds to cost. So there are so many areas on which we work on to make sure that we have the most optimum results.

    So rather than looking at it on QoQ basis - that is what I meant that while we are very focused on margin and especially with all our business teams across the organisation, there is a clear focus on this area and look at all elements, right from what you realise as well as from what you spent. So that is what has to be understood.



Recent Forum Posts

  • Shares of Aurobindo Pharma rose nearly 2% after the company rece...  more
  • We are Registered investment Advisory firm in Equity Market, Com...  more
  • We are Registered investment Advisory firm in Equity , Commodity...  more
  • We are Registered investment Advisory firm in Equity Market, Com...  more