India’s top two IT major companies Infosys and Tata Consultancy Services Limited (TCS) to announce third quarter results on January 11, 2024.
Infosys to Announce Third Quarter Results on January 11, 2024
Infosys, a global leader in next-generation digital services and consulting, will announce results for the third quarter that ended December 31, 2023, on Thursday, January 11, 2024, around 3:45 p.m. Indian Standard Time (IST) (5:15 a.m. ET; 2:15 a.m. PST; 10:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time).
The leadership team will be part of a press conference at 4:30 p.m. IST on January 11, 2024. The participating executives will address questions from the media during this interaction, which will be streamed live on the Investor Relations section of Infosys website, following which it will be archived here. The archive will be available after 6:30 p.m. IST on January 11, 2024 (after 8:00 a.m. ET).
The company has seen a dip of 7,530 in its headcount over the second quarter of FY24, taking the total headcount to 328,764. The company had 3,36,294 employees in the previous quarter.
TCS to Announce Third Quarter Results on January 11, 2024
IT giant, Tata Consultancy Services Limited (TCS) will announce its results for the Third Quarter of FY 2024, which ended December 31, on Thursday, January 11, 2024, after-market trading hours. The leadership team will address the media in a Press Conference at 17:30 hrs IST (20:00 hrs SST/HKT, 12:00 hrs UTC, 07:00 hrs US ET).
Tata Consultancy Services (TCS) workforce stood at 608,985 as of September 30, reported a dip of 6333 employees.
TCS’s employee base continues to be very diverse, with 35.8% women and 152 nationalities. In financial results for Q1FY24 the quarter ending June 30, 2023, TCS LTM IT Services attrition rate this quarter is 17.8% with a workforce strength of 615,318. The company’s net headcount addition of 523 and the contribution of women in the workforce is 35.8%.
Year to date, TCSers have clocked 26.4 million learning hours and acquired 2.6 million competencies including 350,000 high-demand competencies. IT services’ attrition was at 14.9% for the last twelve months.
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