TCS’s muted Q2 results; chipmaker Graphcore’s India bet

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TCS kicked off earnings season on Thursday with a muted second quarter showing. This and more in today’s ETtech Top 5.

Also in the letter:
■ Sam Altman on AI bubble
■ Infosys on DGGI notice
■ India markets’ low AI exposure


TCS Q2 Results: PAT rises 1.4% YoY to Rs 12,075 crore

TCS

K Krithivasan, CEO, TCS

Tata Consultancy Services (TCS) reported a muted second-quarter performance on Thursday, with profit growth trailing analyst expectations.

By the numbers:

  • Net profit: Rs 12,075 crore, up 1.4% from Rs 11,909 crore a year ago.



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TCS’s muted Q2 results; chipmaker Graphcore’s India bet


TCS kicked off earnings season on Thursday with a muted second quarter showing. This and more in today’s ETtech Top 5.

Also in the letter:
■ Sam Altman on AI bubble
■ Infosys on DGGI notice
■ India markets’ low AI exposure


TCS Q2 Results: PAT rises 1.4% YoY to Rs 12,075 crore

TCS

K Krithivasan, CEO, TCS

Tata Consultancy Services (TCS) reported a muted second-quarter performance on Thursday, with profit growth trailing analyst expectations.

By the numbers:

  • Net profit: Rs 12,075 crore, up 1.4% from Rs 11,909 crore a year ago.



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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