Tata Consultancy Services 2Q Profit Tops Estimates

The transcript discusses the impact of currency market fluctuations on earnings, the macroeconomic challenges in key markets like Europe and the US, and the role of technology in business resilience. It highlights the company's diversified market strategy to counteract sectoral challenges, addresses talent shortages and diversity efforts, and reviews the performance of key business sectors such as financial services, retail, and hospitality.

How did the strengthening of the dollar impact the company's revenue profile?

• It weakened the overall revenue profile.

• It had no impact on the revenue profile.

• It strengthened the overall revenue profile.

• It only affected the revenue profile in Europe.

What is the company's approach to dealing with macroeconomic challenges?

• Staying close to customers and being agile.

• Reducing investment in technology.

• Focusing solely on cost-cutting measures.

• Expanding into new markets aggressively.

What role does technology play in the company's strategy?

• It is a staple for resilience, optimization, and growth.

• It is only used for marketing purposes.

• It is not considered important.

• It is used only for cost reduction.

How does the company plan to counteract shrinking client budgets?

• By increasing prices across the board.

• By diversifying its market presence and product portfolio.

• By focusing on a single market.

• By reducing its workforce.

What is the company's strategy for managing high attrition rates?

• Hiring more experienced professionals.

• Reducing the number of new hires.

• Outsourcing more work to external vendors.

• Organically grooming freshers and maintaining a sufficient bench.

What percentage of the company's workforce is made up of women?

• 50%

• 25%

• 36%

• 60%

Which business segments are highlighted as having strong growth prospects?

• Telecommunications, energy, and construction.

• Healthcare, education, and real estate.

• Manufacturing, agriculture, and mining.

• Financial services, retail, and travel hospitality.