TCS expects margin benefits as BSNL deal tapers; to create 25K-seat capacity in Bengaluru: CFO
BSNL deal expected over the next few quarters will aid TCS to expand profit margin, a senior company official has said. The country's largest software exporter is also looking at creating a capacity of over 25,000 seats in Bengaluru over the long term on a land parcel acquired recently, Chief Financial Officer Samir Seksaria told PTI here.
«The same program (BSNL) as it tapers down at a portfolio level, at an overall level, there would be a benefit which would come in (on margins),» Seksaria said replying a specific question on the impact of BSNL deal's tapering down on margins.
He, however, declined to share a number on the positive impact on the operating profit front. For the December quarter, it reported operating profit margin at 24.5 per cent for December quarter and made it clear that it aims to expand on it.
Seksaria added that there would be a tapering down in the BSNL contract till the September quarter of FY26.
It can be noted that the over Rs 15,000-crore deal to help BSNL roll out a countrywide 4G network has had a significant contribution in the Tata group company's revenue growth over the last few quarters.
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