BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Tata Consultancy Services Ltd. reported revenue of $5,989 million, up 5% QoQ in U.S. dollar, exact in-line with our expectations.
Almost all sectors had strong sequential growth led by banking financial services and insurance (up 8.1 QoQ U.S.dollar, retail and consumer packaged goods (up 5% QoQ), life sciences and healthcare (up 4% QoQ) and manufacturing (up 5% QoQ).
Both captive takeover deals won in Q3 in BFSI vertical (Postbank systems and Prudential Financial) are fully ramped up in Q4.
FY21 revenue came at $22.17 billion, up 0.7% U.S. dollar YoY.
Deal total contract of $9.2 billion was highest ever for a quarter, up 3% YoY.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR