TCS declines on reporting marginal fall in Q3 consolidated net profit

16 Jan 2015

Tata Consultancy Services is currently trading at Rs. 2502.00, down by 43.00 points or 1.69% from its previous closing of Rs. 2545.00 on the BSE.

The scrip opened at Rs. 2540.00 and has touched a high and low of Rs. 2545.00 and Rs. 2484.00 respectively. So far 93147 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2834.00 on 07-Oct-2014 and a 52 week low of Rs. 2000.50 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 2583.50 and Rs. 2450.00 respectively. The current market cap of the company is Rs. 489486.12 crore.

The promoters holding in the company stood at 73.90% while Institutions and Non-Institutions held 21.54% and 4.56% respectively.

Tata Consultancy Services (TCS) has reported results for third quarter ended December 31, 2014.

The company has registered 19.56% rise in its net profit at Rs 5711.15 crore for the quarter under review as compared to Rs 4776.76 crore for the same quarter in the previous year. Total income of the company has increased 17.84% at Rs 20439.51 crore for Q3FY15 as compared Rs 17345.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after declined marginally to Rs 5327.55 crore for the Q3 FY15 as compared to Rs 5333.43 crore in Q3 FY14. Moreover, the total income gained 14.42% to Rs 25145.05 crore in the quarter under review as compared to Rs 21977.03 crore in the corresponding quarter previous year.

 

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