Tata Consultancy Services Ltd.

TCS has reported results for the fourth quarter and year ended March 31, 2020. 

Tata Consultancy Services (TCS) has reported a rise of 5.16% in its net profit at Rs 8227 crore for the quarter under review as compared to Rs 7823 crore for the same quarter in the previous year. Total income of the company increased by 4.63% at Rs 35255 crore for Q4FY20 as compared Rs 33694 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 0.94% in its net profit attributed to equity holders at Rs 8049 crore for the quarter under review as compared to Rs 8126 crore for the same quarter in the previous year. However, total income of the company increased by 3.77% at Rs 40684 crore for Q4FY20 as compared Rs 39203 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported a rise of 10.62% in its net profit at Rs 33260 crore as compared to Rs 30065 crore for the previous year. Total income of the company increased by 6.56% at Rs 139388 crore for year under review as compared to Rs 130797 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported a rise of 2.75% in its net profit attributed to equity holders at Rs 32340 crore as compared to Rs 31472 crore for the previous year. Total income of the company increased by 7.14% at Rs 161541 crore for year under review as compared to Rs 150774 crore for year ended March 31, 2019.