TCS Q2 Results and Rs.16,000 Crore buyback share approval the board

 TCS Q2 Results and 16,000 Crore buyback share announce

Wednesday today announce TCS Q2 Results announce and Rs.16,000 Crore buyback share approval the board meeting official confirms. a day Q2 Results release the online press conferences TCS official YouTube channel. 

TCS Q2 Results

India’s largest IT Sector on Tata Consultancy Services Revenue release Rs.40,135 Crore gain last year Q2 results in Rs.38,322 Crore compare to this year up the 4.73% percent. EBIT this year pay on Rs.10,515 Crore and EBIT Margin 26% percent(YoY), Net margin Rs.8,433 Crore, and Cash form operations Rs.10,618 Crore. The Company net profit Rs.7,475 Crore previous compare to this year change of 6.66% percent up the net profit, last year same Quarter Rs.8,042 Crore but this year 7% percent net profit fall. .

TCS Performance changes the Constant currency QoQ North America 3.6% percent, Continental Europe changes 6.1% percent and U.K 3.8% percent change and Life Sciences and Healthcare +6.9% percent growth this quarter. The Technology & Service grew 3.1 percent, Manufacturing 1.4% percent and communications & Media fell by 2.4 percent.

IT bellwether said, BFSI positive 6.2% percent, Retail and CPG +8.8% percent, 

TCS Buyback share 

The TCS  Buyback share approval the Board in equity shares a per share fixed amount of Rs.3000. TCS total buyback 5.33 Crore equity share ahead fixed amount and this per equity amount not exceeding total Rs.16,000 Crore(taxes and related expenses) this share buyback the Special approval through TCS Buy.

TCS Dividend announce

TCS announces the Interim dividend per share 12 rupees this record date 15/10/2020 a dividend amount received on 03/11/2020

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