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TCS Q3 Results Out: Net Profit Rises to ₹8,118cr, Revenue up 6.7%

Professor of Financial Economics and Part-time Value Investor, Transfin.
Jan 16, 2020 7:40 AM 1 min read

TCS Q3 net profit rises to ₹8,118cr in Q3; revenue up 6.7%.



TCS Q3 net profit rises to ₹8,118cr; revenue up 6.7%.

Upward and Forward: Indian IT behemoth Tata Consultancy Services (TCS) today reported marginal rise (0.2%) in net profit to ₹8,118cr ($1,147m) for Q3. Revenue was up 6.7% YoY to ₹39,854cr ($5,631m).


In terms of constant currency, revenues grew 6.8% year on year, with operating margin expanding to 25%.


TCS also announced interim dividend of ₹5 per share. Business Today


Reliance Industries to report Q3 results today.

The oil-to-telecom conglomerate Reliance Industries Ltd (RIL) is scheduled to report its Q3 earnings on Friday. RIL is likely to report muted earnings growth in Q3 as gains from its telecom and retail arm will be offset by weakness in its refining and petrochemicals business, noted analysts. Business Today


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