Wage hikes a priority for TCS; focus on growth with profitability: CFO
TCS, grappling with macroeconomic headwinds impacting growth and margins, prioritizes delivering deferred wage hikes to its 6 lakh employees. CFO Samir Seksaria emphasizes a focus on growth with profitability, aiming to push operating profit margins to 26-28%. While navigating controllable factors like utilization, TCS will also focus on retaining top talent and strategically aligning investments amidst uncertain demand recovery. | Source: The Economic Times
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