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TCS Q2 net up 1.8% at Rs 8,042 cr; announces special dividend of Rs 40/sh

Revenue in constant currency (CC) terms grew 8.4 per cent YoY while revenue in rupee terms came in at Rs 38,977 crore, up 5.8 per cent YoY.

L to R --  Milind Lakkad, EVP and Global Head of HR, Rajesh Gopinathan, CEO & MD, N Ganapathy Subramaniam, COO & ED and V Ramakrishnan, CFO, TCS during a press conference announcing the financial results  Q2  in Mumbai on Thursday  10th Oct, 2019 - K
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Milind Lakkad, EVP and Global Head of HR, Rajesh Gopinathan, CEO & MD, N Ganapathy Subramaniam, COO & ED and V Ramakrishnan, CFO, TCS during a press conference announcing the financial results Q2 in Mumbai. Pic credit: Kamlesh Pednekar

Swati Verma New Delhi
Tata Consultancy Services (TCS) on Thursday posted 1.8 per cent year-on-year (YoY) rise in its net profit at Rs 8,042 crore for the second quarter (July-September) of the financial year 2019-20 (FY20). On a sequential basis, the numbers slipped 1.09 per cent. The IT major had posted profit of Rs 8,131 crore in June quarter and Rs 7,901 crore in the year-ago period. 

Revenue in constant currency (CC) terms grew 8.4 per cent YoY, while revenue in rupee terms came in at Rs 38,977 crore, up 5.8 per cent YoY. Revenue in US dollar terms came in at $5,517

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