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Tata Consultancy earns a profit of Rs. 5709 Crores in the 1st Quarter!!
Posted on: 10/Jul/2015 2:36:08 PM
Tata Consultancy Services (TCS) has earned a net profit of Rs. 5709 Crores during the 1st quarter (from April to June, 2015) of the current financial year.
This is 13% higher as compared to the corresponding quarter of the previous financial year.
Revenue has also increased by 16% to Rs. 22568 Crores.
Calculated on a dollar base, the revenue is up by 3.5% as compared to the previous quarter from January to March.
As per the 1st quarter report, TCS has 324935 employees.
TCS Board of Directors has announced an interim dividend of Rs. 5.50 per share’ This has been informed to the Mumbai Stock Exchange.
At close of trading yesterday (Thursday, 9th July), Tata share price went down by 2.80% and ended at Rs. 2581.40.
During the trading, it sold at a maximum of Rs. 2600/- and a minimum of Rs. 2505.75.
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