Tata Consultancy Services Ltd.

BSE: 532540 | NSE: TCS
Large Cap | IT - Software
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TCS reports 4% rise in Q4 consolidated net profit

Date: 19-04-2017

Tata Consultancy Services (TCS) has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a marginal rise of 1.83% in its net profit at Rs 5,833 crore for the quarter ended March 31, 2017 as compared to Rs 5,728 crore for the same quarter in the previous year. Total income of the company has increased by 5.16% at Rs 23,406 crore for quarter under review as compared to Rs 22,258 crore for the quarter ended March 31, 2016.

On consolidated basis, the company has reported a rise of 4.23% in its consolidated  net profit at Rs 6,608 crore for the quarter ended March 31, 2017 as compared to Rs 6,340 crore for the corresponding quarter in the FY16. Total consolidated income from operations of the company rose 4.19% at Rs 29,642 crore for quarter under review as compared to Rs 28,449 crore for the same quarter ended previous year.

For the year ended March 31, 2017, the company has posted a rise of 2.58% in its net profit at Rs 23,653 crore as compared to Rs 23,057 crore in FY16. Total income of company increased 7.95% at Rs 92,693 crore for year under review as compared to Rs 85,864 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted rise of 8.32% in its net profit at Rs 26,289 crore as compared to Rs 24,270 crore in the previous year. Total income from operations of company has increased by 8.58% at Rs 1,17,966 crore for year under review as compared to Rs 1,08,646 crore for the year ended March 31, 2016.