Live
- Congress in Himachal to hold event in Bilaspur to mark two years at helm
- Hitaashee takes third title of the season, wins 14th leg of WPGT
- Group-3 exams in Wanaparthy district peacefully*
- Shraddha Das reigns as a fashion icon
- ‘Sarangapani Jathakam’ teaser set for Nov 21st release
- Nadendla Manohar announces WhatsApp services for grain purchase
- AP DCM Pawan Kalyan Addresses Public Rally in Ballarpur, Maharashtra
- ‘Pushpa The Rule’ trailer launch event: Massive fan frenzy in Patna
- Jyothika slams negative campaign on ‘Kanguva’
- It’s official: Naga Chaitanya and Sobhita Dhulipala to tie the knot in December
TCS shares gain nearly 4 per cent after Q4 results
Revenue of the firm grew 18.5 pc in the quarter under review to Rs 38,010 cr from Rs 32,075 cr.
New Delhi: Shares of Tata Consultancy Services (TCS) on Monday gained nearly 4 per cent after the company reported 17.7 per cent growth in consolidated net profit for the March 2019 quarter.
The scrip after making a positive opening further jumped 3.56 per cent to Rs 2,085.60 on the BSE. At the NSE, shares of the company rose by 3.64 per cent to Rs 2,088.
On the volume front, one lakh shares of the company were traded on the BSE and over 28 lakh shares on the NSE, during the morning trade.
"TCS beat street/our estimates on revenues," Emkay Global Financial Services said in a report on Saturday.
TCS on Friday reported 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter. This is against a net profit of Rs 6,904 crore in the year-ago period, TCS said in a regulatory filing.
Revenue of the firm grew 18.5 per cent in the quarter under review to Rs 38,010 crore from Rs 32,075 crore in the corresponding period last fiscal, it added.
