TATA CONSULTANCY SERVICES LTD. has reported financial results for the period ended June 30, 2018.
The company has reported net sales of Rs.35486 crores during the 3 months period ended June 30, 2018 as compared to Rs.30543 crores during the 3 months period ended June 30, 2017.
The company has posted net profit of Rs.7362 crores for the 3 months period ended June 30, 2018 as against Rs.5950 crores for the 3 months period ended June 30, 2017.
The company has reported EPS of Rs.19.17 for the 3 months period ended June 30, 2018 as compared to Rs.15.20 for the 3 months period ended June 30, 2017.
|Total Income||₹ 35486 crs||₹ 30543 crs|| 16.18%|
|Net Profit||₹ 7362 crs||₹ 5950 crs|| 23.73%|
|EPS||₹ 19.17||₹ 15.20|| 26.12%|
The Company has allotted 191,42,87,591 equity shares as fully paid up bonus shares by capitalisation of profits transferred from retained earnings amounting to Rs. 86 crores and capital redemption reserve amounting to Rs. 106 crores, pursuant to an ordinary resolution passed after taking the consent of shareholders through postal ballot. Earnings per share and dividend per share of previous periods have been adjusted for bonus shares issued in current period.
The Board of Directors at its meeting held on June 15, 2018 have approved a proposal to buy-back upto 7,61,90,4 76 equity shares of the Company for an aggregate amount not exceeding Rs. 16,000 crores being 1.99% of the total paid up equity share capital at Rs. 2,100 per equity share subject to approval from shareholders.
Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.1877 as compared to the previous close of Rs. 1887.65. The total number of shares traded during the day was 433180 in over 18579 trades.
The stock hit an intraday high of Rs. 1900 and intraday low of 1872.6. The net turnover during the day was Rs. 815501995.