Wednesday, 19 April 2017

TCS dips over 2% on disappointing Q4

Shares of Tata Consultancy Services (TCS) fell over 2 percent on the Bombay Stock Exchange after the country’s largest software exporter missed analysts estimates and reported slower-than-expected growth of 4.2 per cent in its consolidated net profit at Rs 6,608 crore for the fourth quarter ended March 31, 2017, compared to Rs 6,340 crore during the same period a year ago.

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