TCS lost 2.59% to Rs 2,530 at 09:18 IST on BSE after the company declared Q2 September 2015 result after market hours yesterday, 13 October 2015.
Meanwhile, the S&P BSE Sensex was down 60.19 points or 0.22% at 26,786.34
On BSE, so far 20,811 shares were traded in the counter as against average daily volume of 52,017 shares in the past one quarter.
The stock hit a high of Rs 2,550 and a low of Rs 2,521 so far during the day. The stock had hit a 52-week high of Rs 2,810 on 4 March 2015. The stock had hit a 52-week low of Rs 2,348.25 on 16 December 2014.
The large-cap IT services provider has equity capital of Rs 195.87 crore. Face value per share is Re 1.
TCS' consolidated net profit rose 6.5% to Rs 6085 crore 5.8% growth in revenue to Rs 27165 crore in Q2 September 2015 over Q1 June 2015. Operating profit rose 8.7% to Rs 7307 crore in Q2 September 2015 over Q1 June 2015. The growth was broad based in Q2 with all industries growing on a sequential basis led by banking & financial services (BFS), retail, life sciences and travel & hospitality. Core markets like UK, North America, and Europe grew smartly along with emerging markets like Latin America, Indian and Middle East and Africa (MEA). There was balanced growth across service lines led by asset leveraged solutions. The customers with deals of $100 million and above rose by 3 and $10 million and above customers rose by 6 in Q2 September 2015.
N. Chandrasekaran, Chief Executive Officer and Managing Director, TCS said that driven by great execution on the ground, the company's broad-based performance has been led by strong sequential growth in banking and financial services, retail and life sciences verticals with the UK and North America leading the markets.
More From This Section
TCS has declared a second interim dividend of Rs 5.50 per share for the year ending 31 March 2016 (FY 2016).
TCS is one of the leading IT services, consulting and business solutions organization. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.
Powered by Capital Market - Live News