Santosh Meena, Head of Research at Swastika Investmart expects a modest single-digit growth for TCS in Q4 FY24.
"Net profit is estimated to rise 5-6 per cent year-on-year, with sales growth around 2 per cent. EBIT margin might see a sequential expansion of 20–40 basis points. The BSNL deal's impact and overall Total Contract Value (TCV) will be key factors to watch," said Meena. Read more: