TCS Q4 profit falls a steep 27 per cent to Rs 3,858.2 cr after adjusting for one-time employee bonus of Rs 2,628 crore.
TCS revenue rises to Rs 24,219.8 cr in Jan-Mar FY15 from Rs 21,551.1 cr in year-ago period.
Shares of IT bellwether TCS today fell by nearly 2 per cent ahead of its quarterly numbers.
The blue-chip stock fell by 1.50 per cent to settle at Rs 2,585.20 on the BSE. During the day, it lost 2.16 per cent to Rs 2,567.80.
At the NSE, the scrip ended at Rs 2,582.80, down 1.71 per cent from its previous close.
TCS with a market capitalisation of Rs 5,06,370.36 crore is the country’s mostvalued firm in terms of valuation.
The company will announce its financial results for the fourth quarter and fiscal ended March 31, 2015 in the evening today.
Selling was also seen in other IT stocks on caution ahead of TCS results.
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