TCS On FY24 Earnings Outlook

The transcript discusses the company's quarterly performance, highlighting a strong order book despite market uncertainties. Future growth is uncertain due to cautious client trends, especially in Europe. The company is addressing ethical issues related to a hiring scam, with ongoing investigations. Labor costs are a significant part of expenses, and the company is investing in AI initiatives, particularly with its Igneo product. Ethical issues have no financial impact on the company.

What factors contributed to the company's performance in the last quarter?

How has the macro environment affected client decision-making?

What are the opportunities mentioned in vendor consolidation?

What is the company's outlook on the hiring scam issue?

What measures are being taken to improve employee utilization?

What is the expected impact of wage pressure on the company's cost base?

How does the company plan to utilize generative AI in its projects?