TCS reports 15% rise in Q4 net at Rs 9,246 cr; declares dividend of Rs 15
India’s largest software exporter Tata Consultancy Services (TCS) on Monday reported 15% increased in its consolidated net profit at Rs 9,246 crore for the fourth quarter ending March 31, 2021. It was Rs 8,049 crore in the year-ago period.
Consolidated revenue from operations rose 9.4% to Rs 43,705 crore as against Rs 39,946 crore a year ago.
Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead. While we continue to dominate in our traditional areas of strength, we are making good progress in gaining share in the growth and transformation opportunity.