TCS Sees Margin Recovery Ahead as AI Spending Eases: CEO
TCS expects operating margins to improve over the coming quarters as AI-related investments moderate and employees on the bench are deployed to client projects, CEO & MD K Krithivasan told NDTV Profit after the company's Q2 results. While declining to provide a timeline, he said TCS remains committed to its 26-28% operating margin guidance range despite reporting a Q2 EBIT margin of 23.98%, below Street estimates.
