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11-Jan2019

TCS falls despite reporting 24% rise in Q3 consolidated net profit

Tata Consultancy Services is currently trading at Rs. 1853.35, down by 34.80 points or 1.84% from its previous closing of Rs. 1888.15 on the BSE.

The scrip opened at Rs. 1875.00 and has touched a high and low of Rs. 1876.05 and Rs. 1840.10 respectively. So far 199412 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2273.00 on 01-Oct-2018 and a 52 week low of Rs. 1368.08 on 15-Jan-2018.

Last one week high and low of the scrip stood at Rs. 1919.00 and Rs. 1840.10 respectively. The current market cap of the company is Rs. 695448.22 crore.

The company has reported a rise of 23.35% in its net profit at Rs 7,486.00 crore for third quarter ended December 31, 2018 as compared to Rs 6,069.00 crore for the same quarter in the previous year. Total income of the company increased by 29.68% at Rs 32,837.00 crore for Q3FY19 as compared Rs 25,321.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 24.10% in its net profit at Rs 8,105.00 crore for the quarter under review as compared to Rs 6,531.00 crore for the same quarter in the previous year. Total income of the company increased by 21.17% at Rs 38,501.00 crore for Q3FY19 as compared Rs 31,774.00 crore for the corresponding quarter previous year.



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