On a yearly basis, the Street expects profit growth to be strong for industrials, autos and cement but weak for BFSI, FMCG, IT, chemicals, consumer services
TCS has hired 42,000 freshers in FY23 so far, which means that it hired only about 7,000 employees in the third quarter over the 35,000 done in the first half. It may hire a few thousand more in the fourth quarter or it may stay muted.
For the third quarter ended December 31, 2022, TCS had earned an income of Rs 58,229 crore (Q3FY22-Rs.48,885 crore) and a net profit of Rs.10,846 crore (Rs 9.769 crore).