TCS Q3 Results

tcs q3 results 2009, tcs, tcs results, tcs q3 2009 results, tcs q3 2009, Tata Consultancy services TCS is to announce its third quarter results. The company's revenues are expected to go up by 5.7% to Rs 7347.7 crore versus Rs 6953.4 crore. Its EBIDTA is seen up 5.4% to Rs 1917 crore versus Rs 1819.7 crore. The margins are seen flat at 26.1% versus 26.2%. The company's profit is expected to go up by 11% to Rs 1401 crore versus Rs 1261.5 crore. Q3 factors to watch

• USD revenues seen at USD 1543 million versus USD 1574 million
• USD revenues hit by cross currency headwinds
• Rupee performance boosted by 11% rupee depreciation
• Margins gains modest as rupee gains wittled away by lower utilisation and select pricing cuts
• Forex losses could surprise on higher side

Source : CNBC