(Bloomberg) -- Tata Consultancy Services Ltd.,
India's largest computer-services exporter, said it expects
operating margin to widen this financial year if the local
currency maintains its level.
``If the rupee is stable, we should be able to improve the
margin,'' Chief Executive Officer S. Ramadorai said in an
interview in Mumbai today, a day after the company announced its
first-quarter earnings. ``I think the rupee will be in the
region of 40 to 41 or so. The wages have been factored in. The
first quarter had the maximum impact in terms of wages.''
Read more at Bloomberg Emerging Markets News
India's largest computer-services exporter, said it expects
operating margin to widen this financial year if the local
currency maintains its level.
``If the rupee is stable, we should be able to improve the
margin,'' Chief Executive Officer S. Ramadorai said in an
interview in Mumbai today, a day after the company announced its
first-quarter earnings. ``I think the rupee will be in the
region of 40 to 41 or so. The wages have been factored in. The
first quarter had the maximum impact in terms of wages.''
Read more at Bloomberg Emerging Markets News
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