Diabytes
TCS earnings News
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TCS posted a total revenue of Rs 48,885 crore during October-December 2021 quarter.
TCS registered a year-on-year growth of 16.3 per cent.
TCS Board of Directors on Wednesday recommended a buyback of shares to the tune of Rs 18,000 crore at Rs 4,500 per share.
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All segments of the business, except the banking, financial services and insurance (BFSI) and retail sectors, grew revenue above 9.5 percent.
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Quarterly earnings from frontline companies -- TCS and Infosys, to begin with -- and release of macroeconomic numbers will decide stock market behaviour this week, say experts.
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The stock was the biggest loser on both Sensex and Nifty.
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The company's total income from operations for the quarter rose 14.06 percent to Rs 27,165.48 crore as against Rs 23,816.48 crore last year.
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