TCS buyback: Opening, closing dates fixed; retail entitlement at 17%
TCS plans buyback of 4,09,63,855 equity shares for ₹17,000 crore at ₹4,150 apeice
tcs q2 profit
November 2023
October 2023
October 2022
TCS sets record date for ₹17,000-cr share buyback
TCS to buyback up to 4,09,63,855 shares at ₹4,150 apiece; stock rises today
Infosys Q2 profit up 3.3% at ₹6,212 cr; trims FY24 revenue guidance
Infosys’ Q2 revenue grows 6.7% to ₹38,994 cr against 36,538 cr during year-ago period; attrition rate falls to 14.6%
TCS announces ₹17,000 cr buyback; shares dip 1% post Q2
TCS will acquire a total of 4,09,63,855 shares at a 13% premium over Wednesday's market closing price of ₹3,613
TCS Q2 Results: Profit up 8.7% to ₹11,342 cr; revenue rises 10%
The revenue from operations of the IT major stood at ₹59,692 crore in the September quarter this year, up 10% (YoY) as against ₹55,309 crore in the same period last year.
TCS shares rise 1% ahead of Q2; here’s what to expect from IT major
TCS is expected to post constant currency revenue growth of 1% with 20 bps cross currency headwinds translating into 0.8% QoQ dollar revenue growth.
TCS shares fall post Q2 results
The company’s revenue surged 18% YoY to ₹55,309 for the September quarter, while its revenue in constant currency grew 5.4% on a year-on-year basis.
TCS Q2 profit grows 8.4% to ₹10,431 cr; revenue up 18%
TCS' attrition rate remains high at 21.5% on an annualised basis. The board declares a 2nd interim dividend of ₹8 per share.
