Brokerages expect 30-50 bps sequential decline in EBIT margin due to lower utilisation, weak operating leverage offset by rupee depreciation and lower travel expenses.
TCS Q1 Preview: Look out for trends in verticals, pricing pressure, deal pipeline
Brokerages expect 30-50 bps sequential decline in EBIT margin due to lower utilisation, weak operating leverage offset by rupee depreciation and lower travel expenses.
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