Tata Consultancy Services has announced its second quarter results with profit and revenue in-line with analyst estimates. They have also declared a dividend of Rs 12 per share.
TCS has announced a rise of 4% in net profit to Rs 13,884 crore, as compared to Rs 13,349 crore in the previous quarter. Revenue also rose marginally to Rs 73,188 crore.
TCS Q2 Results - Cons, QoQ
- Net profit up 4% at Rs 13,884 crore vs Rs 13,349 crore QoQ
- Revenue up 1.3% at Rs 73,188 crore vs Rs 72,275 crore QoQ
- EBIT up 1.4% at Rs 17,553 crore vs Rs 17,317 crore QoQ
- EBIT margin at 24% vs 24.38% QoQ
TCS Q2 Results vs Estimates
- Net profit at Rs 13,884 crore vs estimate of Rs 13,788 crore
- Revenue at Rs 73,188 crore vs estimate of Rs 73,026 crore
- EBIT at Rs 17,553 crore vs estimate of Rs 17,805 crore
- EBIT margin at 24% vs estimate of 24.38%
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