This strong result comes as the company undergoes business restructuring under the new leadership, led by CEO and Managing Director Mohit Joshi. The profit also saw a 46.8 per cent sequential rise compared to the previous quarter
Read More
Revenue for the quarter stood at Rs 9,432.9 crore, up 3.2 per cent QoQ and 5.9 per cent YoY
Read More
Despite the profit growth, revenue from operations dipped slightly to Rs 22,302 crore from Rs 22,516 crore in the corresponding period of the previous financial year, though the figure came in above market expectations
Read More
The company's revenue saw a healthy 4.2 per cent quarter-on-quarter (QoQ) growth, climbing to Rs 40,986 crore for the July-September period, slightly above the forecasts
Read More
The company secured new total contract value (TCV) deals worth USD 207 million during the quarter, with 88 per cent of these wins coming from next-gen services
Read More
Net profit for the period stood at Rs 319.6 crore, showing a modest YoY growth of 1.3 per cent, while the EBIT margin was reported at 15.1 per cent
Read More
Net income for the quarter stood at Rs 4,235 crore, a 10.5 per cent increase compared to the same period last year, although it saw a marginal decline of 0.5 per cent compared to the previous quarter
Read More
The company revealed the proposal for bonus shares in a regulatory filing
Read More
The TCS board approved a second interim dividend of Rs 10 per share, to be paid on 5 November, with a record date set for 18 October
Read More
The company has already taken cost-cutting measures, including a reported reduction of up to 30 per cent of overseas staff in some divisions, stressing the difficulties it faces
Read More
