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TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
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IT Services Firm TCS Reports 11% Rise In Net Profit In December Quarter
India's largest IT services company TCS reported an 11 per cent rise in December quarter net profit to Rs 10,846 crore, restricted by a narrowing of profit margins, but sounded sanguine about the deal pipeline.
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TCS Shares Rise Over 2% On Strong Q3 Numbers, Buyback Offer
Shares of Tata Consultancy Services (TCS) on Thursday gained over 2 per cent after the firm reported a 12.2 per cent jump in December quarter net profit on handsome revenue growth, and guided towards maintaining the same momentum going forward.
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TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
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TCS Tops Profit Estimates on Pandemic-Led Digitisation Demand
Tata Consultancy Services (TCS) has topped quarterly profit estimate for Q3, 2021, boosted by growth in its key banking and financial services segment and a strong demand for digital services.
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Sensex Gains More Than 300 Points; TCS Rallies Over 3% Post Q3 Results
TCS had reported a 7.2 per cent growth in net profit at Rs 8,701 crore and a 7.6 per cent year-over-year increase in revenue to Rs 16,655 crore in the December quarter, on higher demand for cloud computing
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TCS Profit Beats Estimates In Q3 On Higher Demand For Cloud Computing
TCS Q3 Profit: Net profit of Tata Consultancy Services rose to Rs 8,701 crore in the three months to December 31, 2020, from Rs 8,118 crore a year earlier
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TCS Weakens On Muted Q3 Numbers
Post market hours on Friday, the country's largest software services company reported net profit of Rs 8,118 crore in the quarter ended December 2019, marking an increase of 0.9 per cent from profit of Rs 8,042 crore in the previous quarter. TCS' revenue from operations rose 2.25 per cent to Rs 39,854 crore from Rs 38,977 crore in the previous quar...
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TCS December Quarter Profit At Rs 8,118 Crore, Meets Estimates
TCS' revenue in constant currency terms rose 6.8 per cent year-on-year, the company said in an earnings release.
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TCS Posts Record Profit Of Rs 8,105 Crore In December Quarter: 10 Things To Know
Tata Consultancy Services (TCS) on Thursday reported a record net profit of Rs 8,105 crore for the October-December quarter. With that, the country's largest IT company kicked off the corporate earnings season. Net profit in the quarter ended December 31 rose 2.6 per cent from Rs 7,901 crore in the previous three-month period, according to a regula...
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Corporate Earnings, Economic Data, Global Cues To Drive Markets: Experts
The Q3 earnings result season will kick-off from next week. IT major TCS is expected to be the first bluechip firm to come out with its Q3 result on January 10.
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TCS, In Its Biggest-Ever Deal Win, Bags Contract Worth Over $2 Billion
TCS will administer Transamerica's life insurance, annuity, supplemental health insurance and workplace voluntary benefits products and take on administration of over 10 million policies.
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TCS Reports Net Profit Of Rs 6,531 Crore In December Quarter
Tata Consultancy Services' revenue and profit numbers were in line with market estimates.
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TCS Shares Expected To Open Higher Tomorrow As Q3 Results Beat Expectations
TCS shares opened at Rs 2,807 before hitting a high of Rs 2,820 and plunging to a low of Rs 2,782 against the previous session's closing of Rs 2,807.
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Indian IT Firms Expected To Post Muted Q3 Revenue Growth, Visa Rules A Concern, Say Analysts
TCS will kick-off the third quarter earnings announcement season on January 11, followed by Infosys a day later.
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TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
-
IT Services Firm TCS Reports 11% Rise In Net Profit In December Quarter
India's largest IT services company TCS reported an 11 per cent rise in December quarter net profit to Rs 10,846 crore, restricted by a narrowing of profit margins, but sounded sanguine about the deal pipeline.
-
TCS Shares Rise Over 2% On Strong Q3 Numbers, Buyback Offer
Shares of Tata Consultancy Services (TCS) on Thursday gained over 2 per cent after the firm reported a 12.2 per cent jump in December quarter net profit on handsome revenue growth, and guided towards maintaining the same momentum going forward.
-
TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
-
TCS Tops Profit Estimates on Pandemic-Led Digitisation Demand
Tata Consultancy Services (TCS) has topped quarterly profit estimate for Q3, 2021, boosted by growth in its key banking and financial services segment and a strong demand for digital services.
-
Sensex Gains More Than 300 Points; TCS Rallies Over 3% Post Q3 Results
TCS had reported a 7.2 per cent growth in net profit at Rs 8,701 crore and a 7.6 per cent year-over-year increase in revenue to Rs 16,655 crore in the December quarter, on higher demand for cloud computing
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TCS Profit Beats Estimates In Q3 On Higher Demand For Cloud Computing
TCS Q3 Profit: Net profit of Tata Consultancy Services rose to Rs 8,701 crore in the three months to December 31, 2020, from Rs 8,118 crore a year earlier
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TCS Weakens On Muted Q3 Numbers
Post market hours on Friday, the country's largest software services company reported net profit of Rs 8,118 crore in the quarter ended December 2019, marking an increase of 0.9 per cent from profit of Rs 8,042 crore in the previous quarter. TCS' revenue from operations rose 2.25 per cent to Rs 39,854 crore from Rs 38,977 crore in the previous quar...
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TCS December Quarter Profit At Rs 8,118 Crore, Meets Estimates
TCS' revenue in constant currency terms rose 6.8 per cent year-on-year, the company said in an earnings release.
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TCS Posts Record Profit Of Rs 8,105 Crore In December Quarter: 10 Things To Know
Tata Consultancy Services (TCS) on Thursday reported a record net profit of Rs 8,105 crore for the October-December quarter. With that, the country's largest IT company kicked off the corporate earnings season. Net profit in the quarter ended December 31 rose 2.6 per cent from Rs 7,901 crore in the previous three-month period, according to a regula...
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Corporate Earnings, Economic Data, Global Cues To Drive Markets: Experts
The Q3 earnings result season will kick-off from next week. IT major TCS is expected to be the first bluechip firm to come out with its Q3 result on January 10.
-
TCS, In Its Biggest-Ever Deal Win, Bags Contract Worth Over $2 Billion
TCS will administer Transamerica's life insurance, annuity, supplemental health insurance and workplace voluntary benefits products and take on administration of over 10 million policies.
-
TCS Reports Net Profit Of Rs 6,531 Crore In December Quarter
Tata Consultancy Services' revenue and profit numbers were in line with market estimates.
-
TCS Shares Expected To Open Higher Tomorrow As Q3 Results Beat Expectations
TCS shares opened at Rs 2,807 before hitting a high of Rs 2,820 and plunging to a low of Rs 2,782 against the previous session's closing of Rs 2,807.
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Indian IT Firms Expected To Post Muted Q3 Revenue Growth, Visa Rules A Concern, Say Analysts
TCS will kick-off the third quarter earnings announcement season on January 11, followed by Infosys a day later.
