TCS Q3 Results 2020 Share Price | TCS Q3 Quarterly Results 2020, TCS Q3 Earning Latest News Today Updates | TCS reported a profit of Rs 8118 crore for the October-December quarter; Dividend of Rs 5 per share declared

  • Revenue up 6.7% to Rs 39854 crore, 17% income progress in Lifescience-Healthcare phase
  • Record date for dividend will likely be paid on January 25, January 31

Dainik bhaskar

Jan 17, 2020, 05:52 PM IST

Mumbai. The nation’s largest IT firm TCS posted a profit of Rs 8,118 crore in the October-December quarter. This is 0.2% larger than the December quarter of 2018. Revenue grew by 6.7% to Rs 39,854 crore. The firm has declared an interim dividend of Rs 5 per share. The document date for the dividend is 25 January. That is, those that have shares on this account will get the dividend. Payment will likely be made on 31 January. The firm introduced its quarterly outcomes on Friday.

1% on quarterly foundation, income up 2.3%

Quarter Profit (Rupees Crore) Revenue (Rupees Crore)
October-December 2019 8,118 39,854
July-September 2019 8,042 38,977
October-December 2018 8,105 37,338

Lifescience and Healthcare vertical to prime 17% income progress

Vertical Revenue progress
Lifescience and Healthcare 17.1%
Banking finance 5.3%
Retail & CPG 5.1%
Communications and Media 9.5%
Technology & Services 3.3%
Manufacturing 9.2%

6.4% income progress in India

Region Revenue progress
Europe 15.9%
The uk 7.5%
India 6.4%
Middle East and Asia 10.8%
Latin america 6.2%
Asia pacific 5.7%
North America 4.1%
  • Dollar Revenue Increases to $ 558.6 Million from $ 551.7 Million in September Quarter
  • Contract worth elevated 22% year-on-year to $ 18 billion in present fiscal
  • Banking-Financial Services & Insurance vertical provides 20 new clients

TCS shares fall 0.91%
The inventory closed at Rs 2,218.05, down 0.91% on the BSE on Friday. The firm introduced the outcomes after the inventory market closed. Therefore, the affect of the outcomes on the inventory will likely be seen on Monday.

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