TCS Q1 Results: Tata Consultancy Services (TCS) kicked off the April-June quarter results for fiscal 2024-25 (FY25) on Thursday, July 11, reporting a rise of 8.7 per cent in its consolidated net profit at ₹12,040 crore, compared to ₹11,074 crore in the corresponding period last year. India’s largest information technology (IT) services provider has beaten …
Indian IT giant Tata Consultancy Services (TCS) Ltd on Thursday reported a decent growth during the first quarter of the ongoing financial year (Q1 FY25). It posted an 8.72 per cent year-on-year (YoY) rise in net profit at Rs 12,040 crore for the June quarter compared with Rs 11,074 crore in the same quarter last …
Indian benchmark equities hit a fresh all-time high on Friday, driven by IT stocks after heavyweight Tata Consultancy Services (TCS) surpassed revenue estimates for the June quarter.The BSE Sensex was trading over 900 points higher at 80,797. The Nifty50 was up 236 points, surpassing the 24,550 level for the first time. Shares of TCS, India’s …
Tata Consultancy Services Ltd (TCS) reported consolidated first quarter net profit grew 8.7% year on year (YoY) to ₹12,040 crore despite degrowth in several business YoY. Net margin for the quarter ending June 30, 2024 was at 19.2%, India’s biggest IT company by revenue said in a filing with exchanges. Revenue for the quarter at ₹62,613 crore …
11 Jul 2024, 02:33 PM IST TCS Q1 Results 2024 Live: TCS share price trades flat ahead of Q1 results today TCS Q1 Results 2024 Live: TCS share price traded flat ahead of the announcement of Q1 results today. TCS shares opened higher at ₹3,944.65 apiece on the BSE and hit an intraday high of …
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …
IT sector companies will kick off the earnings season for the first quarter of FY25, with Tata Consultancy Services (TCS), Infosys, Wipro, and others leading the way in announcing their Q1FY25 results. The earnings of the IT services sector for the April-June 2024 quarter is expected to be a mixed bag with sluggish revenue growth …