TCS profit News
TCS recorded a 5.3 per cent increase in revenue from operations, reaching Rs 64,479 crore in the March quarter, up from Rs 61,237 crore a year ago.
India's TCS on Friday (January 17) announced its Quarter 3 results for 2019-2020 registering net income at Rs 8,118 crore, up by 0.2% year-over-year, it also declared its dividend at Rs 5 per share. TCS is India's leading IT services, consulting and business solutions organisation.
Though the company officially does not offer any guidance, Chandrasekaran sounded cautious on the full-year numbers saying the revenue is not going great guns.
The stock was the biggest loser among the bluechips on both Sensex and Nifty during the early morning trade.
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