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TCS Q4 result preview: What to expect?- Business News


TCS Q4 result preview: What to expect?
Analysts are expecting TCS to clock 2.8-4 per cent growth on sequential basis in sales, while somewhere between 5 and 10 per cent growth in profit on a QoQ basis in Q4.
BusinessToday.In | April 12, 2021 | Updated 12:29 IST
IT sector as a whole is likely to surprise again with strong growth numbers
India s biggest tech company Tata Consultancies Services (TCS) Limited will announce its quarterly financial results for the January to March period today. Analysts are expecting TCS to clock 2.8-4 per cent growth on sequential basis in sales, while somewhere between 5 and 10 per cent growth in profit on a quarter-on-quarter (QoQ) basis in Q4. ....

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TCS reports 15% rise in Q4 net at Rs 9,246 cr; declares dividend of Rs 15


India s largest software exporter Tata Consultancy Services (TCS) on Monday reported 15% increased in its consolidated net profit at Rs 9,246 crore for the fourth quarter ending March 31, 2021. It was Rs 8,049 crore in the year-ago period.
Consolidated revenue from operations rose 9.4% to Rs 43,705 crore as against Rs 39,946 crore a year ago.
Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead. While we continue to dominate in our traditional areas of strength, we are making good progress in gaining share in the growth and transformation opportunity. Our focus going into FY22 will be to engage with clients in their growth agenda, propelled by innovation and leverage of collective knowledge.” ....

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TCS FY21 net profit rises 0.27% to Rs 32,430 cr; revenue rises to Rs 1.64 lakh cr


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TCS FY21 net profit rises 0.27% to Rs 32,430 cr; revenue rises to Rs 1.64 lakh cr
TCS registered revenue from operations at Rs 164,177 crore during FY21, up 4.6 per cent from Rs 156,949 crore in FY20; the company also declared a dividend of Rs 15 per equity share
BusinessToday.In | April 12, 2021 | Updated 19:56 IST
Tata Consultancy Services (TCS) posted a 0.27 per cent increase on annual basis in consolidated net profit for the financial year ended March 31, 2021 at Rs 32,430 crore. The IT bellwether had recorded a net profit of Rs 32,340 crore in the previous financial year, the company said in a stock exchange filing on Monday. ....

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