Live
- Pakistan Protests: PTI Supporters March Towards Islamabad, Demanding Imran Khan's Release
- Additional Collector Conducts Surprise Visit to Boys' Hostel in Wanaparthy
- Punjab hikes maximum state-agreed price for sugarcane, highest in country
- Centre okays PAN 2.0 project worth Rs 1,435 crore to transform taxpayer registration
- Punjab minister opens development projects of Rs 120 crore in Ludhiana
- Cabinet approves Atal Innovation Mission 2.0 with Rs 2,750 crore outlay
- Centre okays Rs 3,689cr investment for 2 hydro electric projects in Arunachal
- IPL 2025 Auction: 13-year-old Vaibhav Suryavanshi becomes youngest player to be signed in tournament's history
- About 62 lakh foreign tourists arrived in India in 8 months this year: Govt
- IPL 2025 Auction: Gujarat bag Sherfane Rutherford for Rs 2.60 cr; Kolkata grab Manish Pandey for Rs 75 lakh
TCS Q3 net profit rises to Rs 8,701 crore
TCS Q3 net profit rises to Rs 8,701 crore
Highlights
IT major Tata Consultancy Services (TCS) on Friday reported a 7 per cent increase in its net profit for the quarter ending 31 December, 2020, at `8,701 crore as against Rs 8,118 crore in the year-ago period
Bengaluru: IT major Tata Consultancy Services (TCS) on Friday reported a 7 per cent increase in its net profit for the quarter ending 31 December, 2020, at `8,701 crore as against Rs 8,118 crore in the year-ago period.
The company announced interim dividend of `6 per share. On Friday, the company's scrip on BSE closed nearly 3 per cent lower at `3,120.35.
"Growing demand for core transformation services and strong revenue conversion from earlier deals have driven a powerful momentum that helped us overcome seasonal headwinds and post one of our best performances in a December quarter," said TCS Chief Executive Officer and Managing Director Rajesh Gopinathan.
Next Story
ADVERTISEMENT
