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TCS net up 11.5 percent in fourth quarter

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IANS Mumbai

Tata Consultancy Services (TCS) has posted net profit of Rs.5,906 crore for the fourth quarter (January-March) of just-concluded fiscal 2014-15, registering 11.5 percent year-on-year (YoY) and 8.5 percent sequentially.

In a regulatory filing on Thursday here, the IT bellwether said revenue for the quarter under review (Q4) increased to Rs.24,220 crore, reflecting 12.4 percent YoY and 1.6 percent sequential growth.

Under the International Financial Reporting Standards (IFRS), gross income grew 11 percent YoY to $3.9 billion and net income up 10.5 percent YoY to $951 million.

 

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First Published: Apr 16 2015 | 7:08 PM IST

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