TCS's quarterly net profit stands at Rs. 8118 crores

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(Commerce Rep) Mumbai, Ta. January 17, 2020, Friday

IT-Software Services giant Tata Consultancy Services (TCS) Limited has announced the overall expected results for the third quarter ended December 1, 2015. On a consolidated basis, the company's net profit increased by a staggering 5.5 percent to Rs 5 crore from Rs 5 crore in the corresponding period of the previous year. Analysts estimate that from Rs 1 crore to Rs 8 crore.

The company's revenues increased by 8.5% to Rs. 8 crore as against Rs. Operating margin is 3%. The company has announced an interim dividend of Rs 1 per share. Rajesh Gopinathan, CEO and Managing Director of TCS, said, "In the first half, regional trends have seen a role in the third quarter.

The Company's good order book quarterly demonstrates the ability of Innovative Technology Solutions to meet the business needs of various stakeholders in the Company's enterprise.

In the third quarter, TCS increased its annual growth in Life Sciences and Healthcare segments by 8.5%. The manufacturing sector grew by 8 percent and communications and media grew by 8 percent. Growth in the UK has increased by 8.9 percent in the UK, with the growth of 1.8 percent in Europe and the Middle East as well as Africa.

It achieved growth in North America at 8.7 percent, Asia Pacific at 5.7 percent, India at 9 percent and Latin America at 8 percent. The total workforce of the company has reached 5,3.

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