TCS Q1FY21 consolidated PAT lower at Rs. 7008 crore

TATA CONSULTANCY SERVICES LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.38920 crores during the period ended June 30, 2020 as compared to Rs.40684 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.7008 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.8049 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.18.68 for the period ended June 30, 2020 as compared to Rs.21.45 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 38920 crs	₹ 40684 crs	-4.34%
Net Profit	₹ 7008 crs	₹ 8049 crs	-12.93%
EPS	₹ 18.68	₹ 21.45	-12.91%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.38920 crores during the period ended June 30, 2020 as compared to Rs.39847 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.7008 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.8131 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.18.68 for the period ended June 30, 2020 as compared to Rs.21.67 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 38920 crs	₹ 39847 crs	-2.33%
Net Profit	₹ 7008 crs	₹ 8131 crs	-13.81%
EPS	₹ 18.68	₹ 21.67	-13.8%

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2204.35 as compared to the previous close of Rs. 2217.65. The total number of shares traded during the day was 119208 in over 7570 trades.

The stock hit an intraday high of Rs. 2244.65 and intraday low of 2192.6. The net turnover during the day was Rs. 263309698.

Source : Equity Bulls

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