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BSE Code | 532540 |
ISIN Demat | INE467B01029 |
Book Value (Rs.) | 104.42 |
| Dividend Yield (%) | 1.67 |
Market Cap (Rs Mn) | 2336921.87 |
P/E | 34.06 |
| EPS (Rs.) | 35.06 |
Face Value (Rs.) | 1 |
Volume | 484188.00 |
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Year End | Dividend % |
Mar 2009 | 1400.00 |
Mar 2008 | 1400.00 |
Mar 2007 | 1150.00 |
Mar 2006 | 1350.00 |
Mar 2005 | 1150.00 |
Mar 2004 | 12.00 |
TCS profit up 50%, declares 1:1 bonus, 1,350% dividend
Mumbai, April 17: India’s largest IT company Tata Consultancy Services (TCS) on Monday exceeded analyst predictions by ending 2005-06 a whisker shy of $3 billion with consolidated revenues of Rs 13, 386.23 crore ($ 2.97 billion US GAAP revenues), a growth of 35.94%. Net profits grew 50.07% to Rs 2,966.75 crore.
TCS also announced a 1:1 bonus — its first as a listed company — and a final dividend of 450% (Rs 4.5 per share on every Re 1 share) that took its total dividend in the fiscal to 1,350% (Rs 13.5 per share).
In comparison, arch rival Infosys Technologies announced a bottomline growth of 30% on a topline growth of 33.53% last week. It also gave away 1:1 bonus and a 900% dividend in 2005-06.
Even though TCS results were declared after the market closed on Monday, the stock rose Rs 106.75 through the day in anticipation of good results to Rs 1,903.6...
on the BSE, up 5.9%. Sensex grew 2.7% on Monday. The stock also touched an intra-day high of Rs 1,910.
TCS has won a $500 million contract for which the letter of intent has already been signed. It was in the race for Citigroup’s $500 million application development and maintenance contract for five years.It has won another $35 million deal from a major European telecom service provider.
The company’s merger with Tata Infotech last fiscal aided the financials marginally but its net impact was negligible with revenues of Rs 700 crore, TCS CFO S Mahalingam told FE. Operating margins for the fiscal were impacted...