Stockrabit · Analysts
Questions across 1 call

Keith Bachman

BMO

Tata Consultancy Services Limited

Tata Consultancy Services Limited CC-Jan26.pdf · 2026-01-12
Yes. Thank you very much. I was hoping you could talk about what's the changes in economics on renewals today or currently versus, say, 2 years ago? And what I wanted to understand is, at the time of renewal, what's the price diƯerence on the like-for-like work at the time of renewal? How much more are you incrementally focused on selling incremental services to oƯset the price declines that I think are largely driven by the benefits of AI? But if you could just speak to broadly what renewals look like today versus, say 2 or 3 years ago? Thank you.
So is your contention that 10% to 15%, you're suggesting that's the same what the renewals the price discounts at time of the renewal, that's where it was 2-3 years ago. You're saying that's a consistent number?