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Rediff.com  » Business » TCS Q4 net falls 2.1% to Rs 1,333 cr

TCS Q4 net falls 2.1% to Rs 1,333 cr

Source: PTI
April 20, 2009 19:41 IST
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The country's top software exporter, Tata Consultancy Services, on Monday reported a 2.1 per cent decline in its net profit at Rs 1,333 crore (Rs 13.33 billion) for the fourth quarter ended March 31, 2009.

The revenue for the fourth quarter stood at Rs 7,172 crore (Rs 71.72 billion), down 1.40 per cent quarter-on-quarter basis, the company said.

For the financial year ended March 2009, TCS reported a 4.58 per cent growth in consolidated net profit at Rs 5,256.42 crore (Rs 52.56 billion). The firm had a net profit of Rs 5,026.02 crore (Rs 50.26 billion) in FY'08.

The consolidated net sales in 2008-09 stood at Rs 27,812.88 crore (Rs 278.13 billion), up 21.65 per cent over the previous year.

Shares of TCS closed at Rs 560.40, down 2.21 per cent on BSE.

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