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TCS Q4 net rises 4.5% at Rs 69.04 bn; Board approves 1:1 bonus share issue

At Rs 320.75 bn, TCS revenue rose 8% in annual terms and 3.8% in sequential terms; this is our highest incremental dollar growth in our history, says CEO & MD

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Press Trust of India Mumbai
The country's largest software exporter TCS today reported a 4.5% growth in its consolidated net profit at Rs 69.04 billion for the March 2018 quarter and its board recommended a 1:1 bonus share issue.

The company had reported a net profit of Rs 66.08 billion in the same period last fiscal, TCS said in a regulatory filing.

The Tata Group company, which accounts for a lion's share of the group's overall profit, reported a revenue growth of 8.2% at Rs 320.75 billion for the said quarter, up from Rs 296.42 billion a year earlier.

"Strong demand in digital