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.
Watch TCS Q2 profit inches up 2% YoY to Rs 8,042 cr With HD Quality.
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.
Watch TCS Q2 profit inches up 2% YoY to Rs 8,042 cr With HD Quality
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ITC on Friday posted 5.7% growth in revenue from operations at Rs 11,502.82 crore for the first quarter ending June 30, 2019 missing street estimates. The company attributed the sales growth to the paperboards, hotels and non-cigarette FMCG business. The cigarette-FMCG-hotel major’s net profit for the quarter grew by 12.6% at Rs 3173.94 crore over the same period last year.
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HCL Technologies on Wednesday reported 7.60 per cent year-on-year dip in profit at Rs 2,220 crore for the quarter ended June 30. Analysts in an ET NOW poll had projected a profit of Rs 2,378 crore. Revenue of the IT major, however, increased 18.40 per cent to Rs 16,425 crore during the quarter under review.
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Oil-to-telecom giant Reliance Industries on Thursday reported 8.82 per cent year-on-year (YoY) rise in consolidated profit at Rs 10,251 crore. Analysts in an ET Now poll had estimated the profit at Rs 9,540 crore.
News video | 2358 views
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Cooking video | 1237 views