TCS Q1FY21 results; consolidated net profit declines by ~13% qoq


Quarterly Results

Tata Consultancy Services Ltd. announced its quarterly results on July 9, 2020. The consolidated net sales in Q1FY21 stood at Rs38,322cr, which declined by 4.07% qoq from Rs39,946cr in Q4FY20.     

EBITDA stood at Rs10,024cr in Q1FY21 that decreased by 8.67% qoq. For Q4FY20, it posted EBITDA of Rs10,976cr. EBITDA margin as of Q1FY21 was at 26.16% that declined by 1.32% qoq.     

The consolidated net profit in Q1FY21 came in at Rs7,049cr that declined by 12.9%, as compared to Q4FY20, when it reported Rs8,093cr. The net profit margin in Q1FY21 came in at 18.39% that declined by 1.87% qoq. The net profit margin for Q4FY20 was 20.26%.

The stock closed at Rs2,204.35 with a decline of 0.6% on BSE.








Particulars

Q1FY21
(Rs in cr)

Q4FY20
(Rs in cr)

% VAR

Net Sales

38,322.00

39,946.00

-4.07

Operating Profit

10,024.00

10,976.00

-8.67

Net Profit

7,049.00

8,093.00

-12.90

EBITDAM%

26.16

27.48

-1.32

PATM%

18.39

20.26

-1.87

Related Story



Related Tags:





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

U.S. Air Pollution Still at Deadly Levels, Study Finds

Thu Jul 9 , 2020
TUESDAY, July 7, 2020 (HealthDay News) Fine particulate air pollution remains at levels deadly to older Americans, a new study finds. If U.S. air quality standards for fine particulate pollution ((PM2.5) complied with World Health Association guidelines, more than 140,000 lives could be saved over a decade, say researchers from […]

Breaking News

Recent Posts