TCS Q4 Results: Profit jumps 12% YoY to Rs 13,718 crore; revenue rises 10%
By
Binu Mathew
IT services giant Tata Consultancy Services (TCS) on Thursday reported a 12% year-on-year (YoY) growth in its consolidated net profit, which stood at Rs 13,718 crore in the fourth quarter. Revenue from operations rose 10% YoY to Rs 70,698 crore.
The company has also approved a final dividend of Rs 31 per share.
TCS said it has secured three mega deals during the fourth quarter, with the total contract value (TCV) of $12 billion during the reporting period.
