Categories: Business Top

TCS net up 4.6% annually in Q4

Mumbai, April 19 (IANS) Tata Consultancy Services (TCS) on Thursday reported Rs 6,925 crore consolidated net profit for the fourth quarter of fiscal 2017-18, registering 4.6 per cent annual and 5.8 per cent quarterly growth in rupees.

In a regulatory filing on the BSE, the IT major said consolidated revenue for the quarter under review (Q4) grew 8.2 per cent annually and 3.8 per cent quarterly to Rs 32,075 crore in rupee terms.

Under the International Financial Reporting Standards, net income grew 7.9 per cent annually and 5.7 per cent quarterly to $1,070 million and gross revenue 11.7 per cent annually and 3.9 per cent quarterly to $4,972 million.

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