TCS revenue News
Income from operations rose 20.7 percent to 368.54 billion rupees.
All segments of the business, except the banking, financial services and insurance (BFSI) and retail sectors, grew revenue above 9.5 percent.
India's largest software services provider Tata Consultancy Services on Thursday reported a net profit of 8.4 percent at Rs 6,586 crore for second quarter ending September 30, 2016.
In its best performance in six quarters, IT giant TCS Thursday reported 9.9 percent jump in net profit at Rs 6,317 crore for the April-June period, buoyed by multi-billion dollar deals in Europe and North American markets.
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After experiencing volatility in its Indian business for the past many years, top software exporter TCS Monday said its revenue from domestic market crossed USD 1 billion last fiscal and expects a "decent" performance from the vertical in 2016-17 fiscal.
For the entire 2015-16, TCS saw net profit growing 22.4 percent to Rs 24,292 crore, while revenue was up 14.8 percent to Rs 1,08,646 crore.
TCS declared a divident of 5.50 per share.
The bellwether stock fell by 1.87 percent to Rs 2,474 even after a positive opening on BSE.
Led by the dip in the stock, the company's market value fell by Rs 21,349.78 crore to Rs 4,85,020.22 crore.
Country's leading software firm Tata Consultancy Services (TCS) on Thursday reported a marginal rise in net profit at Rs 5,906 crore for the fourth quarter ending March even as the rupee revenue went down by 1.1 percent QoQ.
The hiring includes data scientists and professionals in domains like design visualisation, user experience and the 'Internet of Things'.
Country's largest software services firm Tata Consultancy Services (TCS) expects its revenue in the October-December 2014 quarter to be 'in line with seasonal trends'.
Country's largest software services firm Tata Consultancy Services (TCS) on Thursday reported a 13.2 percent rise in net profit at Rs 5,244 crore for the second quarter ended September 2014.
Country's largest software services firm Tata Consultancy Services (TCS) Thursday reported a 45 percent jump in consolidated net profit at Rs 5,568 crore for the first quarter ended June 2014, driven by broad based growth across verticals and geographies.
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