Apr 16, 2007

TCS Q4 net zooms 44% to Rs 1,195cr

Tata Consultancy Services (TCS) today reported a 43.63% increase in consolidated net profit at Rs 1,195.19 crore for the quarter ended March 31, 2007 when compared with Rs 832.12 crore in Q4FY06. Total income moved up to Rs 5,266.91 crore for the quarter ended March 31, 2007 when compared with Rs 3,754 crore in Q4FY06.

The company posted a 42% increase in net profit at Rs 4,212.63 crore in FY07 when compared with Rs 2,966.74 crore in FY06. Total income moved up to Rs 18,914.26 crore from Rs 13,377.88 crore in the previous fiscal.

The board has recommended a final dividend of Rs 4 per equity share of Re 1 each.

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