TCS Q4 FY10 Results : Net up 50%

by khalid on 20/04/2010 · 0 comments

Tata Consultancy Services (TCS) is a venture of Tata Group & one of India’s foremost global information technology organization, offering technology-led business. The company has posted a net profit for the period Q4 (ending Mar 2010) of the current fiscal (FY10). During the said quarter, net profit rose 50.10% to Rs 2001 crores in comparison to the Q4 (ending Mar 09) of previous year(FY09).

The company informed the market that the revenue rose 7.9 % to Rs 7738 crores in Q4 FY10 when compared with the corresponding quarter Q4 FY09 of previous year. TCS also closed 10 large deals in the quarter under review. The net profit at Rs 7001 crores was up 33 % while its revenues went up to Rs 30029 crores a rise of 8 % YoY.

TCS added 10775 employees in the Q4 FY10 and will spend $200 million in salary increases in the current fiscal FY11. EPS increases at Rs 10.15 in Q4 FY10 from Rs 9.3 in Q3 FY10.

Share’s Data :-
BSE Code : 532540
Mkt. Cap: Rs 158895 Crores
P/E Ratio: 16.98
EPS (Rs): 47.99 in Mar 2009
Face Value : Rs 1
Last bonus : 1:1 in Apr 2009
Last Dividend : 200% in Jan 2010
52 Week H/L : Rs 844.00 / 264.00
Tata Consultancy Services share’s CMP is Rs 811.85 on 19th Apr 2010.

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