Mixed bag at TCS: Q4 profit up 4.2% y-oy at Rs 6,606 cr, down 2.5% q-o-q

Revenue down 0.3% at Rs 29,542 crore q-o-q, up 4.2% year-on-year

Tata Consultancy Services (TCS) posted a 2.5 per cent decline in net profit at Rs 6,608 crore q-o-q for the fourth quarter of FY17, but was up 4.2 per cent  on a y-o-y basis.

The company's revenue was down 0.3 per cent at Rs 29,542 crore in rupee terms but was up 4.2 per cent year-on-year. Its dollar revenue stood at $4,452 million.

The company has declared a dividend of Rs 27.5 a share

Details awaited