NEW DELHI: IT major TCS on Friday met Street estimates as it reported 0.20 per cent year-on-year rise in profit at Rs 8,118 crore compared with Rs 8,105 crore net in the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 8,189 crore.Revenue for the quarter rose 6.7 per cent to Rs 39,854 crore compared with Rs 37,338 crore in the year-ago period.
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NEW DELHI: IT major TCS on Friday met Street estimates as it reported 0.20 per cent year-on-year rise in profit at Rs 8,118 crore compared with Rs 8,105 crore net in the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 8,189 crore.Revenue for the quarter rose 6.7 per cent to Rs 39,854 crore compared with Rs 37,338 crore in the year-ago period.
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TCS, India’s largest IT firm by revenue, on Thursday reported a 24.1 per cent rise in YoY profit at Rs 8,105 crore for the December quarter.The IT major had reported Rs 6,531 crore profit in the same quarter last year. Revenue for the quarter rose 20.80 per cent YoY to Rs 37,338 crore.
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India’s largest IT firm TCSNSE -0.25 % on Friday reported a 17.70 per cent year-on-year (YoY) jump in March quarter profit at Rs 8,126 crore, which was better than Rs 7,981 crore estimated by analysts in an ET NOW poll. The IT major had reported Rs 6,904 crore profit in the same quarter a year ago.
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IT major Tata Consultancy Services (TCS) on Thursday reported 1.80 per cent year-on-year (YoY) rise in consolidated net profit at Rs 8,042 crore for the quarter ended September 30. Analysts in an ET NOW poll had projected a net of Rs 8,304 crore.Revenue of the IT major increased 5.80 per cent to Rs 38,977 crore on a yearly basis.
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