TCS, the country’s largest IT consulting company, has presented its December quarter results. The company’s profit has declined by about 2.5% in this quarter, while the income has seen an increase of 1.49%.
In the third quarter, the company’s profit has declined from Rs 11,380 crore to Rs 11,097 crore, while the income has increased from Rs 59,692 crore to Rs 60,583 crore.
Along with the results, the board of TCS has announced a special dividend of Rs 18 and an interim dividend of Rs 9. That means overall the company will give a dividend of Rs 27 per share.
TCS Q3 Results (Conso, QoQ)
- Profit declined from Rs 11,380 crore to Rs 11,097 crore (estimated at Rs 11,498 crore).
- Income increased from Rs 59,692 crore to Rs 60,583 crore (estimated at Rs 58,229 crore).
- EBIT increased from Rs 14,483 crore to Rs 15,155 crore (estimated at Rs 14,787 crore)
- Margin increased from 24.26% to 25.01% (25.39% was estimated)
Before the results, TCS shares closed at 3713.05 on NSE with a slight rise of 0.37%.
