Page 168 - Tcs News Today

Revenue growth has been better, but profit margin was lower than expectations. Further, the management’s commentary does not offer any clarity on what lies ahead for TCS in terms of revenue growth or deal pipeline.

The board of directors of Tata Consultancy Services Ltd at the Board Meeting held today, have declared a third interim dividend of Rs. 8 and a special dividend of Rs. 67 per Equity Share of Re. 1 each of the Company.

The Board of Directors of Tata Consultancy Services Limited have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23, 9MFY23 at its board meeting.

TCS has also appointed Pradeep Kumar Khosla as an additional director and reappointed him as Executive Independent Director, for another five year term.

First Cut of TCS Q3FY23 Results - Subdued Performance - By Mr. Mitul Shah - Head of Research at Reliance Securities.

India's largest IT services company TCS reported an 11 per cent rise in December quarter net profit to Rs 10,846 crore, restricted by a narrowing of profit margins, but sounded sanguine about the deal pipeline.

On Monday, at 12:22 pm IST, BSE Sensex was trading 905.98 points up at 60,806.35 and NSE Nifty was trading 257.65 points up at 18,117.10. -- aaa

Net profit rose to ₹10,846 crore in the quarter ended 31 December from ₹9,769 crore a year earlier, TCS said in a statement. Analysts, on average, expected the company’s quarterly profit to be ₹11,000 crore

Tata Consultancy Services (TCS) on Monday reported 10.98 per cent surge in its consolidated net profit to Rs 10,883 crore for the quarter ended December 2022 (Q3FY23)

Tata Consultancy Services announced that the TCS Research Scholar Program has been expanded to support PhD aspirants across the top 100 institutes in India.