Wage hikes a priority for TCS; focus on growth with profitability: CFO

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Delivering wage hikes for its over 6 lakh employees is a “priority” for rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS, the country’s largest IT services company’s Chief Financial Officer (CFO) Samir Seksaria has said.

Speaking to PTI, after the release of the June quarter results, where the business witnessed headwinds on growth and margins, Seksaria made it clear that rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS will focus on growth with profitability.

The company showed a 6 per cent increase in net on non-core income as demand got impacted due to macroeconomic and geopolitical troubles, and deferred its annual wage hikes that…



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Wage hikes a priority for TCS; focus on growth with profitability: CFO



Delivering wage hikes for its over 6 lakh employees is a “priority” for rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS, the country’s largest IT services company’s Chief Financial Officer (CFO) Samir Seksaria has said.

Speaking to PTI, after the release of the June quarter results, where the business witnessed headwinds on growth and margins, Seksaria made it clear that rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS will focus on growth with profitability.

The company showed a 6 per cent increase in net on non-core income as demand got impacted due to macroeconomic and geopolitical troubles, and deferred its annual wage hikes that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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