New Delhi, Oct 13 (PTI) Shares of TCS today rose by over2 per cent even as the company's net profit fell in theSeptember quarter.
The IT bellwether's scrip gained 2.23 per cent to Rs2,605.60 on BSE.
At NSE, shares of the company went up 2.38 per cent toRs 2,608.95.
India's largest software exporter TCS yesterday reported2.1 per cent dip in net profit to Rs 6,446 crore for theSeptember quarter on softness in banking and retail segments,but gave better guidance based on client optimism.
The Tata group company posted a net profit of Rs 6,586crore in the year-ago period. Its revenue grew 4.3 per centyear-on-year and 3.2 per cent over the preceding June quarterto Rs 30,541 crore under the Ind AS accounting norms.
The company, which is the crown jewel of the USD 104billion salt-to-software Tata Group, declared a dividend of Rs7 per share and set October 26 as the record date. PTI SUMANU.
This is unedited, unformatted feed from the Press Trust of India wire.