MoneyWorks4Me

TCS reports 23% rise in Q2 consolidated net profit

12 Oct 2018 Evaluate

Tata Consultancy Services (TCS) has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 32.61% in its net profit at Rs 7,620 crore for the quarter under review as compared to Rs 5,746 crore for the same quarter in the previous year. Total income of the company increased by 30.91% at Rs 32,517 crore for Q2FY19 as compared Rs 24,839 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 22.57% in its net profit at Rs 7,901 crore for the quarter under review as compared to Rs 6,446 crore for the same quarter in the previous year. Total consolidated income of the company increased by 19.85% at Rs 37,584 crore for Q2FY19 as compared Rs 31,360 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2106.00
Infosys 1029.80
HCL Technologies 1270.00
Wipro 165.50
Tech Mahindra 1550.10
View more..