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Podcast: One Thing Today in Tech
Episode: TCS Q2 FY23: $8.1 bln order book, sequential revenue growth of 1.43 percent, attrition at 21.5 percent
Description: Tata Consultancy Services reported quarterly earnings yesterday that show India’s biggest IT services company is still seeing strong demand for its services with an order book of more than $8 billion garnered during its fiscal second quarter. The rate of growth, however, seems to have moderated, with the more than 600,000-strong company growing at less than half the pace at which it grew last year from one quarter to the next. Shares were little changed in early Mumbai trading.
Notes:
Tata Consultancy Services reported quarterly earnings yesterday that show India’s biggest IT services company is s...