Both the top and bottom line figures were below Street estimates
While the country's largest software exporter TCS reported a 5.2 per cent rise in June quarter net profit on Friday, kicking off the latest earnings cycle, IT shares have been sliding, with the BSE Information Technology...
Infosys' Q4 net profit comes in at Rs 5,686 crore, up 12% revenue at Rs 32,276 crore
For the first half of the fiscal, the Tata Group company's topline has jumped 17.1 per cent to Rs 1.08 lakh crore
The consolidated revenue from operations increased 16.2 per cent year-on-year to Rs 52,758 crore in the first quarter of FY23.
The largest IT company in India on Monday reported a 7.4 per cent year-on-year rise in consolidated net profit at Rs 9,926 crore compared with Rs 9,246 crore in the same quarter last year.
The report is compiled through a detailed analysis of UK revenues of over 200 publicly quoted and privately held companies, a TCS statement said. TCS has retained its position as the UK's largest SITS provider
Investors can buy TCS shares today to participate in buyback plan as the shares will reflect in their accounts on February 23 as per the T+2 settlement rule of stock exchanges.
Tata Consultancy Services (TCS) has authorised the buyback of shares worth Rs 18,000 crore. February 23 is the record date to determine the entitlement and...
TCS board has approved Rs 18,000 crore share buyback at a price of Rs 4,500. This price is at a premium of around 15 per cent to the current market price of Rs...