TCS reported a beat on net profit and revenues while it missed estimates in terms of EBIT as well as margins. PAT at Rs 8126 cr vs Rs 8,105 cr, up 0.3% QoQ Revenue at Rs 38010 cr, up 2.4% QoQ in cc terms. Revenue in rupee terms stood at Rs 38,010 crore for the quarter ended March, The net profit grew by 18.5 percent on a YoY basis, and 1.8 percent sequentially. Revenue growth continues to accelerate in BFSI, crossing double digit. Company recommended a Final Dividend of Rs 18 per share. Dollar revenues grew 12.7 percent on a YoY basis and 2.4 percent sequentially in constant currency terms. The company’s EBIT was at Rs 9,537 crore while margins declined 25.1 percent.
Infosys reported PAT at Rs 4,078 cr vs Rs 3,610 cr, up 13% QoQ Revenue at Rs 21,539 cr vs Rs 21,400 cr, up 0.6% QoQ. Net Sales at Rs 21,539.00 crore in March 2019 up 19.11% from Rs. 18,083.00 crore in March 2018. EBITDA stands at Rs. 5,814.00 crore in March 2019 up 6.41% from Rs. 5,464.00 crore in March 2018. Infosys EPS has decreased to Rs. 9.37 in March 2019 from Rs. 16.98 in March 2018.
Updated : 11.16 AM / 13th April 2019