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TCS reports 11% rise in Q1 consolidated net profit

09 Jul 2019 Evaluate

Tata Consultancy Services (TCS) has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 22.11% in its net profit at Rs 8,714 crore for the quarter under review as compared to Rs 7,136 crore for the same quarter in the previous year. Total income of the company increased by 9.81% at Rs 34,862 crore for Q1FY20 as compared Rs 31,749 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 10.78% in its net profit at Rs 8,131 crore for the quarter under review as compared to Rs 7,340 crore for the same quarter in the previous year. Total income of the company increased by 12.29% at Rs 39,847 crore for Q1FY20 as compared Rs 35,486 crore for the corresponding quarter previous year.

Peers
Company Name CMP
TCS 2087.40
Infosys 1021.60
HCL Technologies 1272.40
Wipro 164.80
Tech Mahindra 1549.50
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