TCS Q2 net up 4.3%, $ rev Disappoints…… Short fall of Expectations!!


Second quarter performance of TCS  has fallen short of street expectations except its margins which were steady.

In July-September quarter, TCS has posted net profit at Rs 6586 crore up 4.3 percent from  Rs 6317 crore in last quarter.

Its dollar revenue grew 0.3 percent at USD 4374 million compared to USD 4362 million on quarterly basis.

In rupee terms, revenue slipped 0.1 percent at Rs 29,284 crore in Q2 against Rs 29305 crore.

Its constant currency revenue in Q1 was up sequentially by 1 percent.