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Q4FY19 Results of Tech Giants - TCS and Infosys

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Q4FY19 Results of Tech Giants - TCS and Infosys Nowadays is the earnings period while the fourth quarter (Q4FY19) results are coming. Recently the two Tech Giants were released their last Quarterly results for the Financial year 2018-19. Results of the listed companies are the most important for any investor. Not only the quarterly results were releasing now, it is also a whole financial year report for the 2018-19. The number one, Tech Giant TCS (Tata Consultancy Services) were announced its Q4 results last Friday after the market hours. The Company's revenue were seen at Rs. 38,010 Crore and the Net profit was Rs. 8126 Crore. Where the another Tech Giant Infy (Infosys) released its fourth quarterly results on the same day, the Revenue stood at Rs. 21,539 Crore and the net profit at Rs. 4074 Crore. The Company's expenditure and Operating profit were stood at Rs. 16,390 Crore and Rs. 5,149 Crore respectively. The Year on Year (YoY) Sales growth for the Infosys told as 19 percen

Infosys net profits at 38 % - Q3FY18 Result

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Infosys net profits at 38 % - Q3FY18 Result   Infosys - one of the Indian IT giant announced its Quarterly result (Q3FY18) this week with a remarkable 38 % Net profit as compared to last quarter for the financial year 2017-18.   The second largest company in the IT industry after TCS (Tata Consultancy services), had earned a net profit of Rs. 5129 Crores for the Q3 (Oct - Dec' 2017), with a margin of 38 percent plus.   The New CEO of the infosys, Salil Parekh said that the results are consistent at 8 % growth for the past few years and the recent quarter gives the strength to the concern.   The Revenue had with the 1.3 percent growth to Rs. 17,794 Crores. Tax expenses provision also reduced to Rs. 144 crores on QoQ, previously with Rs. 1,471 crores.   Recent quarterly result growth mostly comes from the Retail, Energy, Logistics, Telecommunication. Also the growth slow down to the Financial and Insurance services to 0.3 percent.               Kindly share your views