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TCS expects margin benefits as BSNL deal tapers, says CFO Samir Seksaria

Business Standard LogoBusiness Standard5h ago

TCS expects margin benefits as BSNL deal tapers, says CFO Samir Seksaria - Business Standard

Quick Summary:

"The same program (BSNL) as it tapers down at a portfolio level, at an overall level, there would be a benefit which would come in (on margins)," Seksaria said replying a specific question on the impact of BSNL deal's tapering down on margins.

The country's largest software exporter is also looking at creating a capacity of over 25,000 seats in Bengaluru over the long term on a land parcel acquired recently, Chief Financial Officer Samir Seksaria told PTI here.

Tapering off in the BSNL deal expected over the next few quarters will aid TCS to expand profit margin, a senior company official has said.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 15:52:18 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 25078508

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